Percentage of Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
39.24% (-2.87% 1wk)
Status: Difficult Environment. There was a brief upthrust to Postive, but the combined line fell back below the 50 day MA on Wednesday.
Strategy: Neutral / Defensive i.e. small position sizes with progressive exposure
US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined Point and Figure Chart
Reversed back to a column of Os this week, and so applying P&F Statuses used with the Bullish Percent Index that changes it to Bull Correction status.
20 and 50 day Oscillator
These show the distance that the combined chart is from the 20 day MA and 50 day MA on the chart. Above the zero is positive environment and below is a difficult / negative environmentÂ
NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
52.62% (-0.62% 1wk)
Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
25.85% (-5.13% 1wk)
Moving lower in the lower zone. So the Nasdaq MA breadth is firmly in Stage 4.
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