IBD Industry Groups Bell Curve – Bullish Percent
Average Distribution: 38.43% (-3.72% 1wk)
- 111 Groups (55.5%) are in the Stage 4 zone
- 66 Groups (33%) are in the Stage 1 or Stage 3 zone
- 23 Groups (11.5%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve declined this week by -3.72% to finish at 38.43% overall.
The amount of groups in Stage 4 increased by 20 (+10%), and the amount of groups in Stage 2 decreased by 7 (-3.5%), while the amount groups in Stage 1 or Stage 3 decreased by 13 (-6.5%).
Therefore, the overall distribution of the bell curve shifted further to the left of the middle range, and moved slightly into the Stage 4 zone (below 40%). Which gives it a Difficult Environment rating currently.
To compare against the previous blog post: IBD Industry Groups Bell Curve – Bullish Percent (21 April 2023).
Below is the Bell Curve line chart and the data tables of the IBD groups bullish percent in order of relative strength and the position changes over the last 1, 2 and 4 weeks (Members Only).
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.