Market Breadth

This is a discussion on Market Breadth within the Technical Analysis forums, part of the Methods category; hey isa i thought i would spend a few minutes yesterday seeing if bullish perecnt would give me some decent ...

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Old Apr 15, 2012, 7:17am   #17
 
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Re: Market Breadth

hey isa
i thought i would spend a few minutes yesterday seeing if bullish perecnt would give me some decent trends on 1% and 1 box reversal...no way...i wasted my time,luckily only a few minutes.the chart range is from 0-100...so no real trends .whereas stocks/index etc have no real defined range
so..keep up the good work
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Old Apr 17, 2012, 11:10pm   #18
 
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Re: Market Breadth

isatrader started this thread The NYSE Percent of Stocks Above 50 Day Moving Average ($NYA50R) has today reversed back up into a column of Xs with 47.01% of stocks in the New York Stock Exchange now above their 50 day moving averages. Last Tuesday, 10th April, this dropped to it's lowest level since the November low point to 24.68%.

So 22.33% of stocks in the entire NYSE have managed to get back above their 50 day moving averages since then, which today has given a new short term buy signal with a double top breakout after breaking below the 30% level.

Attached is the chart

Click the image to open in full size.
Attached Thumbnails
nya50r_17-4-12.png  
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Old Apr 29, 2012, 12:53am   #19
 
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Re: Market Breadth

isatrader started this thread Attached is the latest weekly and daily New Highs New Lows charts and the cumulative weekly and daily Advance Decline charts. Both of which are showing good confirmation of last weeks move higher.
Attached Thumbnails
sc-11.png   sc-12.png   sc-13.png  

sc-14.png  
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Old Apr 29, 2012, 6:37pm   #20
 
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Re: Market Breadth

isatrader started this thread The market breadth signals continue to be short term positive rising to 58.78% of stocks now above their 50 day moving average, but with caution signals on the medium to long term measures. However, another X higher on the medium term measure of the NYSE Percent of Stocks Above 150 Day Moving Average ($NYA150R) will put that back to the bullish side again in the higher risk area. So it will still indicate a higher level of caution is necessary even if it does manage to turn bullish, so selective stock picking of stocks showing positive relative strength versus the market would seem wise imo.

Here's the updated market breadth table and the attached charts:

Click the image to open in full size.
Attached Thumbnails
market-breadth-table_27-4-12.png   bpnya_27-4-12.png   nya200r_27-4-12.png  

nya150r_27-4-12.png   nya50r_27-4-12.png  
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Old May 5, 2012, 10:34pm   #21
 
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Market Breadth Update

isatrader started this thread The short term positive signal from last week has turned around to Bull Correction status now, with the medium to longer term status's changing to Bear Confirmed as they both dropped below the key 70% level this week.

The percentage of stocks below their 150 day (30 week) moving average ($NYA150R) is a key one to watch now as it's approaching it's 60% level. Dorsey has done research that they call the 80-60-40 rule which shows that every time it drops to the 60% level from being above the 80% it then will reach the 40% level before it reaches the 80% again, so lets hope it manages to hold above that level this week or the bear case will become stronger.

Click the image to open in full size.
Attached Thumbnails
market-breadth-table_4-5-12.png   bpnya_4-5-12.png   nya200r_4-5-12.png  

nya150r_4-5-12.png   nya50r_4-5-12.png  
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Old May 5, 2012, 10:38pm   #22
 
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Re: Market Breadth

isatrader started this thread Attached is the latest cumulative weekly and daily Advance Decline charts and the weekly and daily New Highs New Lows charts.
Attached Thumbnails
sc-1.png   sc.png   sc-3.png  

sc-2.png  
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Old May 12, 2012, 1:59pm   #23
 
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Re: Market Breadth

isatrader started this thread The daily Advance Decline line and the daily New Highs New Lows are showing a positive divergence with the price action of the market. So a promising sign that we may have put in a short term bottom last week.

Attached is the latest cumulative weekly and daily Advance Decline charts and the weekly and daily New Highs New Lows charts.
Attached Thumbnails
sc-5.png   sc-6.png   sc-7.png  

sc-8.png  
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Old May 12, 2012, 5:24pm   #24
 
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Re: Market Breadth

love it. subscribed.
thanks for a lot of excellent quality hard work !
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