RE: US Sectors - Percent of Stocks Above their 150 Day Moving Average
(2019-06-16, 10:53 AM)isatrader Wrote: Below is the Percent of Stocks Above their 150 Day Moving Average table in each sector, which is ordered by overall health. Also attached is the visual diagram of the 9 sectors and the two major exchanges that make up the sectors that shows a snapshot of the overall health of the US market.
Note: the overall sector average is at 53.35%Â currently and advanced +1.25% since last week, with Financials and Consumer Discretionary having the largest gains.
ISA, I'm looking at creating a ranking within amibroker for sector strength. would you recommend using this as a basis for comparison?
so looking at the results this week, we'd be saying its better to get into utilities or financials right now, so long as the sector too was basing or in a stage 2?