Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -1.68% Weak or Absent Down Down Down Cup with Handle, Lower Bollinger Band Walk
S&P 500 -1.44% Weak or Absent Down Down Down 200 DMA Resistance, Cup with Handle, Stochastic Reached Oversold
NASDAQ-100 -1.40% Weak or Absent Down Flat Down Bollinger Band Squeeze, Cup with Handle, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
Russell 2000 -2.88% Weak or Absent Down Down Down Cup with Handle, Expansion Pivot Sell Setup, Lower Bollinger Band Walk, Volume Surge
Dow -1.04% Weak or Absent Down Down Down 200 DMA Resistance

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
1162 Lower Bollinger Band Walk Weakness
650 New 52 Week Closing Low Bearish
620 New 52 Week Low Weakness
585 Wide Range Bar Range Expansion
565 Fell Below 50 DMA Bearish

Unusually Active Signals for the Day

% Above Normal Alert Type
541 Expansion Breakdown Bearish Swing Setup
274 New 52 Week Low Weakness
225 New 52 Week Closing Low Bearish
208 Wide Range Bar Range Expansion
204 Expansion Pivot Sell Setup Bearish Swing Setup

Unusually Active Stocks

Symbol Grade Name % Change Vol Surge Signals
WAL C Western Alliance ... -20.88% 17.47 Expansion Breakdown, Expansion Pivot Sell Setup, Hammer Candlestick, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
KRE F SPDR S&P Regional... -4.39% 9.93 Calm After Storm, Doji - Bullish?, Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, New Downtrend, Volume Surge, Wide Range Bar
KBWB F PowerShares KBW B... -3.76% 9.74 Doji - Bullish?, Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
SCHW F Charles Schwab Co... -11.69% 8.58 Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
KBE F SPDR S&P Bank ETF -4.17% 8.55 Calm After Storm, Doji - Bullish?, Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
OMFL B Invesco Russell 1... -0.93% 7.74 Lower Bollinger Band Walk, Volume Surge
DLN C WisdomTree LargeC... -1.22% 7.03 Lower Bollinger Band Walk, Volume Surge
RBA D Ritchie Bros. Auc... -3.39% 6.99 Expansion Breakdown, Expansion Pivot Sell Setup, Lower Bollinger Band Walk, Volume Surge, Wide Range Bar
ZION D Zions Bancorporation -2.44% 6.78 Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, New Downtrend, Volume Surge, Wide Range Bar
HTGC C Hercules Technolo... -11.14% 6.72 Fell Below 200 DMA, 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.

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
DOCU B DocuSign, Inc. -22.85% 6.53 Expansion Breakdown, 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, Volume Surge
RWAY C Runway Growth Fin... -7.92% 5.74 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend, Upper Bollinger Band Walk, Volume Surge, Wide Range Bar
DE B Deere & Company -6.05% 1.65 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Wide Range Bar
CYRX F CryoPort, Inc. -11.04% 1.84 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Wide Range Bar
EIX A Edison International -1.15% 0.94 20 DMA Resistance, 50 DMA Resistance, Cup with Handle, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
JKS C JinkoSolar Holdin... -12.78% 4.12 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Volume Surge
HEES F H&E Equipment Ser... -8.75% 1.90 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend, Wide Range Bar
ECC A Eagle Point Credi... -2.88% 1.62 50 DMA Support, Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Signal Line Cross, New Downtrend, Non-ADX 1,2,3,4 Bullish
MOS F Mosaic Company (The) -6.59% 1.53 Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
RDUS F Schnitzer Steel I... 0.15% 1.25 20 DMA Resistance, 200 DMA Resistance, 50 DMA Resistance, Golden Cross, MACD Bearish Signal Line Cross

Comments

S

SwingScalp about 1 year ago

And in the Strength Scans for Expansion Breakout and for Expansion Pivot Buy setups a grand total of one (1).  

0 Reply
T

TraderMike about 1 year ago

Welp, yesterday's recap gave a good warning for what happened today.  The trend table went from about 2/3 red
TT_2023-03-09.png 47.2 KB
 to almost all red
TT_2023-03-10.png 34.4 KB
and the one box that's yellow could actually be red because the Nasdaq-100 is slightly below its 50-day moving average.  

More clear signs of an ugly day, here are some of the top signals triggered:

  • Lower Bollinger Band Walk
  • Stochastic Reached Oversold
  • Expansion Breakdown
  • New 52 Week Low
  • Wide Range Bar

Also, the "% of Stocks Above Their 50-Day Moving Averages" is approaching the low 20s.  Once it gets there the market is always under a lot of stress.  That's an area where it's probably too late to sell for anyone with an intermediate to long term focus.   I also know that when the trend table is all red it's a time to look for buying opportunities and when it's all green that's a time to think about locking in long-side gains.

0 Reply
S

SwingTradeBot about 1 year ago

What are your thoughts on 'today's (2023-03-10) market action?

0 Reply

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