Sector Breadth: Percentage of US Stocks Above Their 150 day (30 Week) Moving Averages

Average: 32.46% (-3.79% 2wk)

• 1 sector in Stage 2 zone (Energy)
• 2 sectors in Stage 1 / 3 zone (Industrials, Financials)
• 8 sectors in Stage 4 zone (Technology, Consumer Discretionary, Communication Services, Real Estate, Basic Materials, Consumer Staples, Health Care, Utilities)

Sample Size: 5122 stocks

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors declined a further -3.79% since the previous post on the 25th September 2023, taking the overall average down to 32.46%, and so has fallen further into the Weak zone in the lower third of the field.

Sector changes: The sectors in the Stage 2 zone (Strong – above 60%) was unchanged at 1. The sectors in the Stage 1 / 3 zone (Neutral – 40% to 60% range) unchanged at 2, and the number of sectors in the Stage 4 zone (Weak – below 40%) unchanged at 8.

Sector Breadth Table – Ordered by Relative Strength

The table below shows the short-term changes in the Percentage of US Stocks Above Their 150 day Moving Averages

Sector Breadth Charts (Members Only)

Below is the charts for the 11 sectors showing back to late 2018. Which gives a very clear picture of the overall health of each sector and the market as a whole.

(Technology chart shown as an example for non-members – Sample size: 802 stocks from the Technology sector, which is the second largest group)

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.