Average Distribution: 51.66% (+2.03% 1wk)
- 49 Groups (24.5%) are in the Stage 4 zone
- 87 Groups (43.5%) are in the Stage 1 or Stage 3 zone
- 64 Groups (32%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve gained +2.03% this week, moving it back above the 50% level to close at 51.66%, which is firmly in the Stage 1 zone, with the bell curve fairly evenly distributed in the middle of the range.
So a modest gain week on week with less groups in the Stage 4 zone and more groups moving into the Stage 2 zone.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (25 November 2022).
Below is the data tables of the 200 IBD groups bullish percent in order of relative strength and the position changes over the last 1, 2 and 4 weeks (Members only)
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.