Average Distribution: 36.53% (-0.04% 1wk)
- 122 Groups (61%) are in the Stage 4 zone
- 62 Groups (31%) are in the Stage 1 or Stage 3 zone
- 16 Groups (8%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve was mostly unchanged on the week with only a -0.04% move, closing the week at 36.53%.
The amount of groups in Stage 4 decreased by -1 (-0.5%), and the amount of groups in Stage 2 decreased by -2 (-1%), while the amount groups in Stage 1 or Stage 3 increased by -3 (+1.5%).
The overall distribution of the bell curve continues to be borderline between the Stage 1 and Stage 4 zones, so its position is fairly neutral, but with a negative leaning still.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (23 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 (Members Only).
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.