Thursday, April 1, 2010

Percentage of Stocks Above 50-Day Moving Averages


Sent to you by Dominic via Google Reader:


via Think BIG by Bespoke on 4/1/10

As shown below, 90% of stocks in the S&P 500 are currently trading above their 50-day moving averages.  This is at the top end of the indicator's range over the last year.

In the Industrials sector, 100% of stocks are trading above their 50-days!  That's as high as it gets.  The Financial sector isn't far behind with a reading of 97%.  Materials, Consumer Discretionary, Consumer Staples, and Technology are all above 90% as well.  Health Care, Utilities, Energy, and Telecom have the lowest readings, but even these sectors are all at or above 75%. 

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1 comment:

  1. Cool just found a new feature for posting to the blog. I can email articles from my google reader directly to the blog as a post.