Market Breadth

This is a discussion on Market Breadth within the Technical Analysis forums, part of the Methods category; Attached is the updated P&F breadth charts. Today's (6th Aug) moves in the broad market has put the entire four ...

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Old Aug 7, 2012, 12:13am   #49
 
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Re: Market Breadth

isatrader started this thread Attached is the updated P&F breadth charts.

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Today's (6th Aug) moves in the broad market has put the entire four P&F breath charts back to Bull Confirmed status with new buy signals on 3 of the 4. The short term NYSE Percent of Stocks Above 50 Day Moving Average ($NYA50R) has broken above it's two month consolidation and is now back in the high risk zone. However, the medium and longer term NYSE Percent of Stocks Above 150 Day Moving Average ($NYA150R) and the NYSE Percent of Stocks Above 200 Day Moving Average ($NYA200R) are both in good field positions with only medium risk. So there is plenty of room to the upside still for those charts. Positive signs again.
Attached Thumbnails
bpnya_7-8-12.png   nya200r_7-8-12.png   nya150r_7-8-12.png  

nya50r_7-8-12.png   market-breadth-table_7-8-12.png  
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Old Aug 7, 2012, 12:20am   #50
 
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Re: Market Breadth

isatrader started this thread Here's the updated cumulative daily and weekly Advance Decline charts and the daily and weekly New Highs New Lows charts. All of which are still looking good, with new highs for the cumulative Advance Decline line charts, and new highs holding above the key 100 level for the New Highs New Lows.
Attached Thumbnails
sc-18.png   sc-19.png   sc-20.png  

sc-21.png  
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Old Aug 8, 2012, 9:57am   #51
 
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Re: Market Breadth

isatrader started this thread Another of my breath charts went positive yesterday, which was the line version of the NYSE Percent of Stocks Above 150 Day Moving Average ($NYA150R) closing above the 30 week WMA. It's only a preliminary signal though, as it needs to close the week above it first to be valid.

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Attached Thumbnails
spx_and_breadth_7-8-12.png  
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Old Aug 11, 2012, 4:54pm   #52
 
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Re: Market Breadth

isatrader started this thread
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Originally Posted by isatrader View Post
Another of my breath charts went positive yesterday, which was the line version of the NYSE Percent of Stocks Above 150 Day Moving Average ($NYA150R) closing above the 30 week WMA. It's only a preliminary signal though, as it needs to close the week above it first to be valid.

Click the image to open in full size.
The breadth buy signal was confirmed for me with a close at the end of the week above July's high. So a higher high, and a break back above the 30 week WMA.

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Click the image to open in full size.
Attached Thumbnails
nya150r_line_10-8-12.png   nya150r_10-8-12.png  
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Old Aug 17, 2012, 10:43am   #53
 
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NYSE Advance Decline Cumulative Volume

isatrader started this thread Another breadth chart I recently discovered when reading one of Stockcharts blogs was the NYSE Advance Decline Cumulative Volume / NYSE Primary Market Total Volume ($NYUD:$NYTV). This measures the volume of the NYSE Advance Declines and so is another useful way of gauging the market strength as you can compare it against the straight AD chart to see if there is volume backing any advance or decline.

Currently this is above it's moving average and has broken above it's previous June high and is showing volume coming back into the market after the May sell off.

You can also look at the Nasdaq A/D Cumulative volume with symbol $NAUD:$NATV

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Click the image to open in full size.

The weekly chart is also interesting as it's broken out to new highs, which backs up the straight weekly cumulative charts move to new highs. The crosses above and below the 30 week MA also look useful for medium term timing.

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Attached Thumbnails
nyse-ad-vol_16-8-12_2.png   sc-29.png   nyse-ad-vol_weekly_16-8-12.png  

sc-32.png  
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Old Aug 23, 2012, 11:33pm   #54
 
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Re: Market Breadth

isatrader started this thread The NYSE New 52 Week Highs and New 52 Week Lows chart dropped back into the neutral zone today after the last two months of the New 52 Week Highs trading above the bullish 100 level. However, there was also only 10 new lows, so there is no new signal, but the new highs needs to get back above 100.

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Attached Thumbnails
sc-50.png   sc-51.png  
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Old Sep 2, 2012, 7:24pm   #55
 
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Re: Market Breadth

isatrader started this thread Attached is the updated P&F breadth charts, which are currently on short term Bull Correction status. But, the medium and longer term measures continue to be on Bull Confirmed status.

Click the image to open in full size.

Also attached, is the NYSE percentage of stocks above their 150 day MA (NYA150R) weekly and daily line charts - for those that can't read the point and figure charts. Which shows the positive breakout on the 9th August on the daily chart above the previous swing high and the confirmation on the weekly chart that same week.
Attached Thumbnails
nya150r_line_31-8-12.png   bpnya_31-8-12.png   nya200r_31-8-12.png  

nya150r_31-8-12.png   nya50r_31-8-12.png   market-breadth-table_31-8-12.png  

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Old Sep 2, 2012, 7:35pm   #56
 
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Re: Market Breadth

isatrader started this thread The NYSE New 52 Week Highs and New 52 Week Lows chart recovered from it's move back into neutral status, and is now back above the 100 line on Bull Status again.

Also below, is this weeks cumulative weekly and daily Advance Decline charts which continue to be positive and trade close to new highs. However, as the volume has been light during August with professional traders largely on holiday, it will be interesting to see the breadth changes in the coming weeks and if they confirm the current bullish trend.

Click the image to open in full size.

Click the image to open in full size.

Click the image to open in full size.

Click the image to open in full size.
Attached Thumbnails
sc-57.png   sc-58.png   sc-59.png  

sc-60.png  
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