RE: Stan Weinstein Stage Analysis and Market Breadth
I took some time this weekend to practice identifying the stages of stocks by comparing the stage identified in an old GTA. I then decided to identify the current stage of the S&P 500 stocks. See summary below. I made a column for general stage (i.e. 1,2,3,4) and detailed stage (i.e. 1a,1b,2a, etc.).
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There were many stocks that were stage 2b (I took 2b as meaning that the price range of the stock was beginning to overlap with the previous weeks prices, but still in an uptrend) in the last few weeks, but in the most recent week they closed below previous weeks prices. I gave those a stage 3a. I'd welcome any feedback and also if anyone disagrees with the stages.
 Stage Count Percent 1 /59/ 11.68% 2 /115/ 22.77% 3 /144/ 28.51% 4/ 187/ 37.03% Total =  505
US Sectors - Percent of Stocks Above their 150 Day Moving Average
Below is the Percent of Stocks Above their 150 Day Moving Average table in each sector, which is ordered by overall health. Also attached is the visual diagram of the 9 sectors and the two major exchanges that make up the sectors that shows a snapshot of the overall health of the US market.
Note: the overall sector average is at 46.84%Â currently (Stage 1 or Stage 3 range) and declined -4.69% since last week, with financials and industrials having the largest declines, and energy moving below 20%.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
NYSE and Nasdaq Advance Decline Charts and US New Highs New Lows
Attached is the updated NYSE and Nasdaq Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.
Attached is the updated US New Highs - New Lows Charts
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
RE: Stan Weinstein Stage Analysis and Market Breadth
(2019-08-11, 01:28 PM)diaz Wrote: I took some time this weekend to practice identifying the stages of stocks by comparing the stage identified in an old GTA. I then decided to identify the current stage of the S&P 500 stocks. See summary below. I made a column for general stage (i.e. 1,2,3,4) and detailed stage (i.e. 1a,1b,2a, etc.).
Â
There were many stocks that were stage 2b (I took 2b as meaning that the price range of the stock was beginning to overlap with the previous weeks prices, but still in an uptrend) in the last few weeks, but in the most recent week they closed below previous weeks prices. I gave those a stage 3a. I'd welcome any feedback and also if anyone disagrees with the stages.
 Stage Count Percent 1 /59/ 11.68% 2 /115/ 22.77% 3 /144/ 28.51% 4/ 187/ 37.03% Total =  505
you did this by hand Diaz ie eyeballing each chart individually?