The share of stocks trading above their 200-day moving avg is near 50%, a level that has been make-or-break for the S&P 500 price trend in recent years. Breadth has rarely broken 50% for more than a few days without a significant correction emerging. SPX price & breadth in chart pic.twitter.com/0Nm0sPiga2 — Gina Martin Adams […]
Chart of the Day – Monday, November 22nd, 2021
Today’s Chart of the Day was shared by Jonathan Harrier (@jonathanharrier). Small-Cap breadth has been pretty weak lately. As of Friday, more than 35% of Russell 2000 stocks had been down for at least three days in a row. Jonathan backtested how the Russell 2000 has historically performed following this sort of weakness. There have been 24 […]
Chart of the Day – Friday, November 5th, 2021
NASDAQ seeing the most new highs since March. pic.twitter.com/p6PhY2W4oi — Willie Delwiche (@WillieDelwiche) November 5, 2021 Today’s Chart of the Day was shared by Willie Delwiche (@WillieDelwiche). It’s a chart of the Nasdaq Composite along with the number of new 52-week highs within the index. The Nasdaq just closed higher for the 10th consecutive day and […]
Chart of the Day – Tuesday, October 26th, 2021
Today’s Chart of the Day was shared in a note by Jason Goepfert of SentimenTrader (@SentimenTrader). It’s a chart of the S&P 500 over the past six months, and the A/D Line in the lower panel. As you might know, the A/D Line is a popular breadth indicator that often leads the market higher or lower. It recently broke […]
Chart of the Day – Wednesday, October 13th, 2021
The Advance-Decline Line, which generated a whole bunch of negative divergences in July-August, has now managed to generate a positive divergence. pic.twitter.com/Lzs9j5696i — Walter Deemer (@WalterDeemer) October 13, 2021 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). It’s a chart of the NYSE Advance-Decline Line over the past year, along with the S&P […]
- 1
- 2
- 3
- …
- 7
- Next Page »