What is market breadth telling us | stockbee

1/27/2010

What is market breadth telling us



Market Monitor


Market Monitor
Market Monitor is market breadth
based market timing tool

Current View
Cautious
Mrket has given up early gains 2 days in a row.
Which is a sign of weak market.




TypeIndicatorValueComments




Daily # of stocks up 4% plus on high volume102
Daily# of stocks down 4% plus on high volume168Another negative day
Primary# of stocks up 25% plus in a quarter916
Primary# of stocks down 25% plus in a quarter389
Secondary# of stocks up 50% plus in a month3
Secondary# of stocks down 50% plus in a month1
Secondary# of stocks up 25% plus in a month51
Secondary# of stocks down 25% plus in a month30
Primary fast# of stocks up 13% in 34 days (bullish)981
Primary Fast# of stocks down 13% in 34 days (bearish)1066
MMA+% of stocks above their multiple moving averages37
MMA-% of stocks below their multiple moving averages25
10 day cumulative
breadth ratio
Ratio of socks up 4% to down 4% in last 10 days0.64Approaching .5
Below .5 is bearish


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