IBD Industry Groups Bell Curve – Bullish Percent
Average Distribution: 47.17% (-4.88% 1wk)
- 60 Groups (30%) are in the Stage 4 zone
- 92 Groups (46%) are in the Stage 3 or Stage 1 zone
- 48 Groups (24%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve – Bullish Percent average distribution declined by a further -4.88% since the previous week, with 16 groups dropping out of the Stage 2 zone and 21 groups dropping back into the Stage 4 zone. So the changes shifted the overall average slightly left of the mid-point of the bell curve, which is the Stage 1 zone when rising from the lower Stage 4 zone.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (19 August 2022).
Below is the data tables of the 200 IBD groups bullish percent in order of relative strength and the position changes over the last 1, 2 and 4 weeks.
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.