Stock Market Recap for

Key Indicators


% of Stocks Above Their 50-Day Moving Averages*
* The market becomes oversold in the mid-to-low 20s. See more...

Top 5 Technical Signals for the Day*

* Excluding range contraction signals.
Count Alert Type
732 Lower Bollinger Band Walk Weakness
658 Fell Below 20 DMA Bearish
639 180 Bearish Setup Bearish Swing Setup
575 Stochastic Reached Oversold Weakness
557 Fell Below 50 DMA Bearish

Unusually Active Signals for the Day

% Above Normal Alert Type
988 Reversal New Lows Setup Bearish Swing Setup
960 Expansion Breakdown Bearish Swing Setup
599 Expansion Pivot Sell Setup Bearish Swing Setup
357 180 Bearish Setup Bearish Swing Setup
256 Fell Below 200 DMA Bearish

Unusually Active Stocks

Symbol Grade Name % Change Vol Surge Signals
OCEA B Ocean Biomedical,... 125.16% 26.25 Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot, Stochastic Buy Signal, Volume Surge
CWAN D Clearwater Analyt... -7.64% 16.67 Volume Surge
LUNR B Intuitive Machine... 57.80% 15.06 Crossed Above 200 DMA, Crossed Above 50 DMA, Pocket Pivot, Volume Surge
AER B Aercap Holdings N.V. -4.42% 8.28 MACD Bearish Centerline Cross, Volume Surge
ASAN A Asana, Inc. 18.93% 7.49 Crossed Above 200 DMA, Expansion Breakout, Pocket Pivot, Upper Bollinger Band Walk, Volume Surge, Wide Range Bar
BBW B Build-A-Bear Work... 21.04% 7.47 Crossed Above 20 DMA, Crossed Above 50 DMA, Doji - Bearish?, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, New Uptrend, Pocket Pivot, Volume Surge, Wide Range Bar
KRE F SPDR S&P Regional... -8.11% 7.21 Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
VPL B Vanguard FTSE Pac... -0.55% 5.26 20 DMA Resistance, 50 DMA Resistance, Cup with Handle, Volume Surge
AAT F American Assets T... -4.98% 5.00 Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge
WAL C Western Alliance ... -12.86% 4.89 Expansion Pivot Sell Setup, Fell Below 200 DMA, Fell Below 50 DMA, Lower Bollinger Band Walk, MACD Bearish Centerline Cross, Stochastic Reached Oversold, Volume Surge, Wide Range Bar

Stocks with the Most Bullish Signals Today*

* 'Most', as in 'largest number of' not necessarily the most likely to move higher.
Symbol Grade Name % Change Vol Surge Signals
NGNE F Neurogene, Inc. 35.80% 29.38 200 DMA Resistance, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Breakout, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, Pocket Pivot, Volume Surge
SCO C ProShares UltraSh... 2.71% 1.06 20 DMA Support, 200 DMA Support, 50 DMA Support, Bollinger Band Squeeze, MACD Bullish Signal Line Cross
DHI D D.R. Horton, Inc. 1.23% 1.84 Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot
MIRM B Mirum Pharmaceuti... -1.01% 1.44 20 DMA Support, 200 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Wide Range Bar
DAKT B Daktronics, Inc. 1.13% 2.05 Jack-in-the-Box Bullish, MACD Bullish Signal Line Cross, New 52 Week Closing High, New Uptrend, Non-ADX 1,2,3,4 Bullish, Pocket Pivot, Upper Bollinger Band Walk
MUI B Blackrock Muni In... 0.70% 1.15 Crossed Above 20 DMA, MACD Bullish Signal Line Cross, Pocket Pivot
SRTY F ProShares UltraPr... 8.43% 1.65 Bollinger Band Squeeze, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, Pocket Pivot, Upper Bollinger Band Walk
POWL C Powell Industries... 1.54% 1.48 MACD Bullish Signal Line Cross, New 52 Week Closing High, New 52 Week High, Pocket Pivot, Shooting Star Candlestick, Stochastic Reached Overbought
SPDN F Direxion Daily S&... 1.88% 0.96 180 Bullish Setup, 50 DMA Support, Crossed Above 200 DMA, Expansion Pivot Buy Setup
PSFE F Paysafe Limited 3.60% 2.90 Crossed Above 20 DMA, Crossed Above 200 DMA, Gilligan's Island Sell Setup, Lizard Bearish, Pocket Pivot, Shooting Star Candlestick, Wide Range Bar

Stocks with the Most Bearish Signals Today*

* 'Most', as in 'largest number of' not necessarily the most likely to move lower.
Symbol Grade Name % Change Vol Surge Signals
INTU C Intuit Inc. -2.90% 1.17 180 Bearish Setup, Bearish Engulfing, Bollinger Band Squeeze, Cup with Handle, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
ACT C Enact Holdings, Inc. -4.24% 1.25 180 Bearish Setup, Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
SJM D J.M. Smucker Comp... -1.40% 0.76 180 Bearish Setup, 50 DMA Resistance, Bearish Engulfing, Fell Below 20 DMA, Stochastic Sell Signal
CTVA B Corteva, Inc. -3.67% 0.74 20 DMA Resistance, Expansion Pivot Sell Setup, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
CDP C COPT Defense Prop... -1.00% 1.33 20 DMA Resistance, 200 DMA Resistance, 50 DMA Resistance, Doji - Bearish?, Doji - Bullish?, Expansion Breakdown, Expansion Pivot Sell Setup, Lizard Bearish, Lower Bollinger Band Walk, Reversal New Lows Setup, Shooting Star Candlestick, Slingshot Bearish, Wide Range Bar
APH B Amphenol Corporation -1.70% 0.98 180 Bearish Setup, Bearish Engulfing, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
XLG B Guggenheim Russel... -1.59% 0.82 20 DMA Resistance, Expansion Pivot Sell Setup, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
SUZ C Suzano Papel e Ce... -2.81% 0.62 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, Stochastic Sell Signal
MTG B MGIC Investment C... -3.48% 1.39 20 DMA Resistance, Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
ALEX B Alexander & Baldw... -2.62% 1.35 180 Bearish Setup, 50 DMA Resistance, Cup with Handle, Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Signal Line Cross

Comments

S

SwingScalp over 1 year ago

and unusually low number of Expansion Breakout and Expansion Pivot Buy Setup signals?

0 Reply
T

TraderMike over 1 year ago

I’m not sure if the number of those was below average but a low number isn’t surprising to me given the ratio of advancers to decliners yesterday. 

0 Reply
T

TraderMike over 1 year ago

Yesterday's index trend table:
March 8th Trend Table
vs. today's:
March 9th trend table
says it all!  Suddenly all those indices except for the Nasdaq 100 are under their 50 day moving averages.  A few of those other indices also broke their 200 DMAs today as well. 

It's also notable that the % of Stocks Above Their 50-Day Moving Averages dropped to a new 2023 low today.  That indicator is essentially exactly where it was in late December, which is where the market rallied from.  If the market like's tomorrow's jobs report that could spark another bounce.  But it's just a roll of the dice. 

Other things that stand out to me today are the unusually high number of Expansion Breakdown &
Expansion Pivot Sell Setup
signals.  The disasters in SI & SIVB also make me wonder what other stocks could follow suit -- COIN?  Could be some good shorts in the Bitcoin related stocks.

0 Reply
T

TraderMike over 1 year ago

serious follow-through on many of yesterday's breakdowns & bearish expansion pivots 😬 

0 Reply
S

SwingTradeBot over 1 year ago

What are your thoughts on 'today's (2023-03-09) market action?

0 Reply

View full discussion...