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. | ||
Type | Indicator | Value | Comments |
Daily | # of stocks up 4% plus on high volume | 102 | |
Daily | # of stocks down 4% plus on high volume | 168 | Another negative day |
Primary | # of stocks up 25% plus in a quarter | 916 | |
Primary | # of stocks down 25% plus in a quarter | 389 | |
Secondary | # of stocks up 50% plus in a month | 3 | |
Secondary | # of stocks down 50% plus in a month | 1 | |
Secondary | # of stocks up 25% plus in a month | 51 | |
Secondary | # of stocks down 25% plus in a month | 30 | |
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 averages | 37 | |
MMA- | % of stocks below their multiple moving averages | 25 | |
10 day cumulative breadth ratio | Ratio of socks up 4% to down 4% in last 10 days | 0.64 | Approaching .5 Below .5 is bearish |
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