The percentage of US stocks above their 150 day moving averages in the 11 major sectors increased by +7.28% since the previous post on the 5th February 2024, moving the overall average to 54.69%, which is in the Neutral+ zone (50% to 59.99% range)...

Stage Analysis members weekend video discussing the US watchlist stocks in detail on multiple timeframes, the Significant Weekly Bars, Industry Groups Relative Strength (RS) Rankings, IBD Industry Group Bell Curve – Bullish Percent, the key Market Breadth Charts to determine the Weight of Evidence, and the Major US Stock Market Indexes...

There were 20 stocks highlighted from the US stocks watchlist scans today...

The IBD Industry Groups Bell Curve increased by +1.49 this week to finish at 50.64% overall. The amount of groups in Stage 4 (Weak) decreased by 2 (-1%), and the amount of groups in Stage 2 (Strong) increased by 7 (+3.5%), while the amount groups in Stage 1 or Stage 3 (Neutral) decreased by 5 (-2.5%)...

The US Total Percentage of Stocks above their 50 Day, 150 Day & 200 Day Moving Averages (shown above) increased by +2.00% this week. Therefore, the overall combined average is at 57.53% in the US market (NYSE and Nasdaq markets combined) above their short, medium and long term moving averages...

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

There were 31 stocks highlighted from the US stocks watchlist scans today...

Stage Analysis midweek video discussing of some of this weeks strongest earnings moves...

There were 23 stocks highlighted from the US stocks watchlist scans today...

The Stage Analysis Technical Attributes (SATA) score is our proprietary indicator that helps to identify the four stages from Stan Weinstein's Stage Analysis method, using a scoring system from 0 to 10 that rates key technical characteristics that we look for when analysing the weekly charts.