Market Monitor

Markets are churning at this level. Many times such churning action indicates slow distribution. The lack of major upside momentum is also reflected in the 50% plus indicator getting stuck at 9 for sometime. So a weakness here might be the possible next move for the overall market.

Market Monitor
Total 4% plus bullish breakouts=103
Total 4% plus bearish breakouts=50
65 day bullish/bearish ratio= 749/331
Stocks up 50% or more in a month=9
Stocks up 25% or more in a month=112
Number of stocks with 100% plus move =335
Number of stocks up 200% or more = 67
4% plus signals for 100plus universe=27
4% plus signals for 200plus universe=9

SLP, Simulation Plus is one of the stock appearing on the 100% plus scans today.

Simulations Plus, Inc. (Simulations Plus) designs and develops pharmaceutical simulation software for solutions to a number of problems in pharmaceutical research, and in the education of pharmacy and medical students.
SLP, has gone up 495% from its 260 days low of 1.92 in last one year. A series of large orders triggered the move and a low float of 3.5 million further helped drive the stock higher. Along the way it offered many Episodic Pivots entries (marked in green).