Percentage of stocks in the SP500 above their 200SMAPowerful divergence on the SPX.
New highs, still with less components pushing
Using S5TH (spx stocks above 200dma) as an oscillator timing cycPretty cool feature. You can use the 9month moving average in S5TH (spx stocks above the 200dma) to time the market cycle. Figure out the upward momentum (with help of game theory and TNX cycle). In practice and theory peoples options should be predictable because everyone act in their self-interest
S&P vs %stocks above 200EMAComparison of S&P vs %stocks above 200EMA hints a recovery with new highs.
Good breadth is a bad signUsually, you want a bull market to have breadth but on occasion things get quite over extended and even the weak stocks start to run. This is reflected in the market breadth and when it gets too high, it's time to start preparing for a correction
SP 500 stocks above 200 MV V 50 MVlooks like 200 MV following 50MV , meaning more pain to come due to decline broadening
BreadthKey Markets: Ratings
Yesterday evening I reviewed several names in my report THE SUM OF THE CHARTS. These included NPN , GLN , SSW , AMS and more.
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Percentage of Stocks above 200 day Moving Average Percentage of Stocks above 200 day Moving Average
Show breadth of recovery
looks impressive
S&P 500 just 21% of stocks above their 200D MAS&P 500 vs its stocks above the 200 day MA:
Bottom chart shows the S&P since 2008.
The chart on top, tracks the percentage of stocks above their 200 day Moving average for stocks that make up the S&P 500 .
In April of 2021, 96% of the S&P stocks traded above their 200 day MA. Currently just 21% rem
🟩 STOCKS ABOVE 200DMA - BULLISHWhile the general market indexes has been unconstructive (top chart) the stocks underneath the service are improving (bottom chart).
In this case we are looking at the stocks in the SP500 that are above their 200D MA (Picture is similar for the Nasdaq) - this is a bullish indicator and the reason w
BREADTH: S&P 500 Stocks Above 200-day MA (%) - 16-Year BREADTH: S&P 500 Stocks Above 200-day MA (%) - 16-Year Trend
47% of S&P 500 shares closed above their 200-day SMA's. The mid-point of the 16-year trend.
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Displays a symbol's price movements over previous years to identify recurring trends.