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

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Average: 47.42% (-11.96% 2wk)

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

Sample Size: 5153 stocks

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors has declined by -11.96% over the last few weeks since the previous post on the 31st July 2023, moving the overall average down to 47.42%, which in the Neutral- zone, just below the mid-point. Hence a very neutral overall field position.

Sector changes: The sectors in the Stage 2 zone (Above 60%) decreased from 6 to 3. The sectors in the Stage 1 / 3 zone (40% to 60% range) was unchanged at 4, and the number of sectors in the Stage 4 zone (Below 40%) increased from 1 to 4.

Sector Breadth Table – Ordered by Relative Strength

The table below shows the short-term changes in the Percentage of US Stocks Above Their 150 day Moving Averages

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: 805 stocks from the Technology sector, which is the second largest group)

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