Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 1.73% Weak or Absent Flat Down Flat Crossed Above 200 DMA, Cup with Handle
S&P 500 1.75% Weak or Absent Up Down Flat Crossed Above 200 DMA, Cup with Handle
NASDAQ-100 2.64% Weak or Absent Up Up Up Bollinger Band Squeeze, Cup with Handle, MACD Bullish Signal Line Cross
Russell 2000 1.37% Weak or Absent Down Down Down Cup with Handle, Lower Bollinger Band Walk, Slingshot Bearish
Dow 1.16% Weak or Absent Flat Down Down 200 DMA Resistance, Cup with Handle, Slingshot Bearish

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
1975 Lower Bollinger Band Walk Weakness
637 Slingshot Bearish Bearish Swing Setup
503 Pocket Pivot Bullish Swing Setup
461 Bullish Engulfing Bullish
383 Cup with Handle Other

Unusually Active Signals for the Day

% Above Normal Alert Type
460 Bullish Engulfing Bullish
395 Slingshot Bearish Bearish Swing Setup
143 Crossed Above 200 DMA Bullish
123 Expansion Pivot Buy Setup Bullish Swing Setup
106 Lower Bollinger Band Walk Weakness

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
PATH C UiPath, Inc. 17.62% 5.57 Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Doji - Bearish?, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, Pocket Pivot, Volume Surge
INTU C Intuit Inc. 2.91% 1.25 Bollinger Band Squeeze, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Cup with Handle, MACD Bullish Signal Line Cross
DLB B Dolby Laboratories 2.92% 1.08 Bollinger Band Squeeze, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, New Uptrend
SR A Spire Inc. 2.19% 1.43 20 DMA Support, Crossed Above 200 DMA, Crossed Above 50 DMA, Cup with Handle, MACD Bullish Signal Line Cross
XLG B Guggenheim Russel... 2.10% 1.69 20 DMA Support, 200 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Cup with Handle, MACD Bullish Signal Line Cross
FORM D FormFactor, Inc. 3.91% 1.14 50 DMA Support, Bollinger Band Squeeze, Crossed Above 20 DMA, Crossed Above 200 DMA, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross
LRCX F Lam Research Corp... 5.78% 1.41 20 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, Pocket Pivot
POWI D Power Integration... 2.40% 1.23 20 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross
SOXL F Direxion Daily Se... 11.78% 1.20 50 DMA Support, Bollinger Band Squeeze, Crossed Above 20 DMA, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross
EXC C Exelon Corporation 0.74% 1.31 20 DMA Support, 50 DMA Support, Crossed Above 200 DMA, MACD Bullish Centerline Cross, Pocket Pivot, Stochastic Reached Overbought

Comments

S

SwingScalp over 1 year ago

Thanks for the Bullish Engulfing insight and the link to the signals.

0 Reply
T

TraderMike over 1 year ago

Suddenly there's a lot less red in the trend table.  VTI & SPY reclaimed their 200 DMAs while the Dow attempted the same but didn't quite break through.  The small caps (IWM / Russell 2000) are lagging while large cap tech cruises along unbothered by all the drama in the financial stocks.

One thing that got my attention is that Bullish Engulfing is the #1 "Unusually Active Signal for the Day".  There are some really interesting charts in that scan today as many of those stocks are at or near their lower Bollinger Band... .. a bottom fisher's delight.

0 Reply
S

SwingTradeBot over 1 year ago

What are your thoughts on 'today's (2023-03-16) market action?

0 Reply

View full discussion...