The IBD Industry Groups Bell Curve declined by -6.50% this week, dropping back into the lower half of the Stage 1 zone (between 40% and 60%). The amount of groups in Stage 4 increased by +22 (+11%), and the amount of groups in Stage 2 decreased by -31 (-15.5%), while the amount groups in Stage 1 or Stage 3 increased by +9 (+4.5%).

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...

Exclusive graphic of the 104 Dow Jones Industry Groups showing the Percentage of Stocks Above 30 week MA in each group visualised as a Bell Curve chart...

The Stage Analysis members weekend video discussing the market indexes, Dollar index, commodities, industry groups relative strength, IBD industry group bell curve – bullish percent, market breadth charts to determine the weight of evidence, Stage 2 breakout attempts and the US watchlist stocks in detail on multiple timeframes.

The IBD Industry Groups Bell Curve gained +2.03% this week, moving it back above the 50% level to close at 51.66%, which is firmly in the Stage 1 zone, with the bell curve fairly evenly distributed in the middle of the range.

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...

The Stage Analysis members weekend video discussing the market indexes, Dollar index, commodities, industry groups relative strength, IBD industry group bell curve – bullish percent, market breadth charts to determine the weight of evidence, this weeks Stage 2 breakout attempts and the US watchlist stocks in detail on multiple timeframes.

The IBD Industry Groups Bell Curve continued to consolidate for another week, with only a small gain of +0.30% to end the week at 49.63% over. So little change with it firmly in the middle of the range, and the majority of groups in the Stage 1 zone.

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...

The members weekend video discussing the market indexes, industry groups relative strength, IBD industry group bell curve – bullish percent, market breadth charts to determine the weight of evidence, Stage 2 breakout attempts in multiple stocks and the US watchlist stocks in more detail.