Average Distribution: 36.57% (-2.96% 1wk)
- 123 Groups (61.5%) are in the Stage 4 zone
- 59 Groups (29.5%) are in the Stage 1 or Stage 3 zone
- 18 Groups (9%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve declined by a further -2.96% this week, edging it slightly further into the Stage 4 territory.
The amount of groups in Stage 4 increased by +26 (+13%), and the amount of groups in Stage 2 decreased by -4 (-2%), while the amount groups in Stage 1 or Stage 3 decreased by -23 (+11.5%). The overall distribution of the bell curve has shifted slightly further into the Stage 4 zone in the left of middle range, but still not by much. So borderline between Stage 1 and Stage 4 zones i.e. less neutral with a negative leaning would be how I'd describe the current position of the bell curve.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (16 December 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.
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.