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

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Average: 43.11% (-4.31% 2wk)

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

Sample Size: 5140 stocks

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors continued lower by -4.31% over the last few weeks since the previous post on the 14th August 2023, moving the overall average down to 43.11%, which is in the Neutral- zone in the lower middle of the field.

Sector changes: The sectors in the Stage 2 zone (Strong – above 60%) decreased from 3 to 1. The sectors in the Stage 1 / 3 zone (Neutral – 40% to 60% range) increased from 4 to 6, and the number of sectors in the Stage 4 zone (Weak – below 40%) was unchanged at 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: 802 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.