Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method
Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis - Printable Version

+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis (/Thread-Stan-Weinstein-s-Stage-Analysis-and-Market-Breadth-Technical-Analysis)

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484

Bear Confirmed staus changes - isatrader - 2015-09-28

The NYSE and Nasdaq Bullish Percent Indexes both moved back to Bear Confirmed Status today. And the NYSE 200, 150 and 50 day Moving average breadth charts also moved back to the negative column, and continue to linger in the lower quarter of the charts.

The NYSE & Nasdaq Bullish Percent Indexes

       

NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts

           

RE: Market Breadth Extra - isatrader - 2015-09-28

Attached is the NYSE Cumulative Advance Decline chart and the US New Highs - New Lows Chart

RE: Stan Weinstein's Stage Analysis - GlobalCitizen - 2015-09-29

Hello everybody,

I have a quick question.

On page 13 in his book, Stan writes that the 10-week MA is best for traders to use. On the next page however, he writes that no stock should be shorted when its above its rising 30-week MA. Does this mean that for a trader, this should be above its rising 10-week MA? And no stock is a buy when it's below it's 10-week MA?

RE: Stan Weinstein's Stage Analysis - isatrader - 2015-09-29

(2015-09-29, 04:11 PM)GlobalCitizen Wrote: Hello everybody,

I have a quick question.

On page 13 in his book, Stan writes that the 10-week MA is best for traders to use. On the next page however, he writes that no stock should be shorted when its above its rising 30-week MA. Does this mean that for a trader, this should be above its rising 10-week MA? And no stock is a buy when it's below it's 10-week MA?

I think you're getting yourself mixed up there with the MA's, as that doesn't mean that no stock is a buy when it's below it's 10-week MA, as it's referring to the 30 week MA and not the 10 week MA.

Basically when using the trader method and looking to go long the stock should ideally be above it's 10 week MA and also above a rising 30 week MA. And if looking to short then the stock should ideally be below it's 10 week MA and also below a declining 30 week MA.

So:
never go long a stock that's below a declining 30 week MA
and
never short a stock that's below a rising 30 week MA

Those simple guidelines will keep you out of a lot of bad trades.

For a more indepth roundup of what the method looks for see the Stage Analysis Breakout Quality Checklist thread.

RE: Stan Weinstein's Stage Analysis - GlobalCitizen - 2015-09-29

Ok tnx for clarifying! Shorting seems to be the way to go right now.

RE: Market Breadth Extra - pcabc - 2015-10-04

My market breadth plots:
           
       

NYSE Percentage of Stocks above their 150 Day Moving Averages status change - isatrader - 2015-10-05

The NYSE Percentage of Stocks above their 150 Day Moving Averages P&F chart has had a double top breakout today and so moves to Bull Confirmed status for the first time since the April top for the 150 Day breadth.

However, has occured below the key 30% level, and so is a tentative signal until it gets above the 30% level. But it is in a good field position and the 200 day is also close to a potential breakout. So I will be watching the breadth this week with interest and looking at the other breadth measures to see where the weight of evidence is. But I remain cautious still, as for example in 2011 there was an early breakout in the breadth below the 30% level that took another few months to get back above the 30% level and give the buy signal. I see it as the first positive development, but the weight of evidence will need improve in other areas as well like the advance decline and new high new lows.

So I'd say the improvements in the Percentage of Stocks above their moving averages would change the overall breadth status to Neutral imo.

   

Major US Stock Indexes Update - NYSE, Nasdaq, S&P 500, Mid Caps and Small Caps - isatrader - 2015-10-05

Attached is the updated US equity index charts.

US Stock Indexes