90% reversal rule- in order for there to be a change of trend there has to be a 90% up volume and 90% up issues in order to change the trend. Bear markets are waves of pessimism followed by waves of optimism
Market Breadth
Issues | Number | % |
---|---|---|
Advancing | 366 | 74 |
Declining | 122 | 25 |
Unchanged | 7 | 1 |
Total | 495 | 100 |
The fraction of the overall market that is participating in the market's up or down move.
Market Volume
Issues | Amount | % |
---|---|---|
Advancing | 273,226,214 | 67 |
Declining | 130,298,912 | 32 |
Unchanged | 1,743,948 | 0 |
Total | 405,269,074 | 100 |
The volume of today's trading that is participating in the market's up or down move.
New Highs and Lows
Issues | Number | % |
---|---|---|
52-week highs | -- | 0 |
52-week lows | 15 | 3 |
Total | 495 | 100 |
The number of stocks in the index reaching a new 52-week high or low today.