What is market breadth telling us
Market Monitor Market monitor is market breadth based market timing tool | Current Readings Market in a rally mode. Earnings season currently on | ||
Type | Indicator | Value | Comments |
Daily | # of stocks up >4% on high volume | 175 | |
Daily | # of stocks down>4% on high volume | 67 | |
Primary | # of stocks up >25% in a quarter | 2293 | |
Primary | # of stocks down>25% in a quarter | 373 | Approaching 200 indicates extreme bullishness |
Secondary | # of stocks up> 50% in a month | 21 | This is bearish indicates likelihood of pullback. |
Secondary | # of stocks down>50% in a month | 3 | |
Secondary | # of stocks up>25% in a month | 224 | |
Secondary | # of stocks down>25% in a month | 16 | |
Primary fast | # of stocks up>13% in 34 days | 2742 | |
Primary fast | # of stocks down>13% in 34 days | 592 | |
MMA+ | % of stocks in confirmed uptrend | 66 | |
MMA- | % of stocks in confirmed downtrend | 15 | |
10 day cumulative breadth ratio | #of stocks up> 4% in last 10 days/ #of stocks down>4% in last 10 days | 5.36 | |
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