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Sector Breadth: Percentage of US Stocks Above Their 150 day (30 Week) Moving Averages

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Average: 46.82% (+12.51% 2wks)

  • 0 sectors in Stage 2 zone
  • 8 sectors in Stage 1 / 3 zone (Industrials, Basic Materials, Consumer Staples, Consumer Discretionary, Utilities, Technology, Energy, Communication Services)
  • 3 sectors in Stage 4 zone (Real Estate, Financials, Health Care)

Sample Size: 5241 stocks

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors has returned back to the middle range over the last two weeks since the previous post on the 20th March 2023, with the overall average increasing by +12.51% to 46.82%, which puts it back into the more Neutral range, which is equivalent to either Stage 1 or Stage 3, which are trendless environments.

Sector changes: The sectors in the Stage 2 zone (Above 60%) remained at 0. The sectors in the Stage 1 / 3 zone (40% to 60% range) increased from 4 to 8, and the number of sectors in the Stage 4 zone (Below 40%) decreased from 7 to 3.

The table below shows the short-term changes since Friday 24th March, which shows that Energy, Utilities and Real Estate have been the biggest gainers, in terms of stocks moving above their 150 day MA / 30 week MA over the past week.

Sector Breadth Table – Ordered by Relative Strength

Sector Breadth Charts (Members Only)

Below is the charts for the 11 sectors showing back to late 2018. Which gives a very clear picture of the overall health of each sector and the market as a whole. (Technology chart shown as an example for non-members – Sample size: 818 Technology stocks)

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.