IBD Industry Groups Bell Curve – Bullish Percent

Average Distribution: 38.63% (-0.32% 1wk)

• 111 Groups (55.5%) are in the Stage 4 zone
• 63 Groups (31.5%) are in the Stage 1 or Stage 3 zone
• 26 Groups (13%) are in the Stage 2 zone

The IBD Industry Groups Bell Curve decreased by -0.32% this week to finish at 38.63% overall.

The amount of groups in Stage 4 increased by 4 (+2%), and the amount of groups in Stage 2 increased by 2 (+1%), while the amount groups in Stage 1 or Stage 3 decreased by 7 (-3.5%).

Therefore, the overall distribution of the bell curve remains to the left of the middle range with a slight deterioration. Which is a fairly neutral position, but at the lower end of neutral.

To compare against the previous blog post: IBD Industry Groups Bell Curve – Bullish Percent (19 May 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.