Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -1.29% Weak or Absent Down Down Down Cup with Handle, Fell Below 200 DMA
S&P 500 -1.55% Weak or Absent Down Down Down 180 Bearish Setup, Bollinger Band Squeeze, Cup with Handle, Fell Below 200 DMA
NASDAQ-100 -0.47% Weak or Absent Up Up Up Bollinger Band Squeeze, Cup with Handle, Stochastic Reached Overbought
Russell 2000 -2.70% Weak or Absent Down Down Down 180 Bearish Setup, Lower Bollinger Band Walk, Stochastic Reached Oversold
Dow -1.21% Weak or Absent Down Down Down NR7

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
1669 Lower Bollinger Band Walk Weakness
852 180 Bearish Setup Bearish Swing Setup
839 Volume Surge Other
617 New 52 Week Closing Low Bearish
498 Stochastic Reached Oversold Weakness

Unusually Active Signals for the Day

% Above Normal Alert Type
464 180 Bearish Setup Bearish Swing Setup
165 NR7 Range Contraction
143 Volume Surge Other
93 Boomer Sell Setup Bearish Swing Setup
74 New 52 Week Closing Low Bearish

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
CGEM F Cullinan Manageme... 4.97% 8.00 180 Bullish Setup, Bollinger Band Squeeze, Bullish Engulfing, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot, Volume Surge, Wide Range Bar
MBB C iShares MBS ETF 0.96% 1.01 Crossed Above 200 DMA, Crossed Above 50 DMA, Cup with Handle, MACD Bullish Centerline Cross, Stochastic Reached Overbought, Upper Bollinger Band Walk
MSTR C MicroStrategy Inc... 11.03% 2.99 Crossed Above 20 DMA, Crossed Above 50 DMA, MACD Bullish Signal Line Cross, Pocket Pivot
BKKT C Bakkt Holdings, Inc. 0.00% 1.98 Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Wide Range Bar
RDY F Dr. Reddy's Labor... 1.68% 2.09 Bollinger Band Squeeze, Golden Cross, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, Pocket Pivot
FIXD D First Trust TCW O... 1.21% 0.61 180 Bullish Setup, Crossed Above 200 DMA, Crossed Above 50 DMA, MACD Bullish Centerline Cross, Stochastic Reached Overbought, Upper Bollinger Band Walk
SPSB C SPDR Portfolio Sh... 0.41% 1.26 Crossed Above 200 DMA, Crossed Above 50 DMA, MACD Bullish Centerline Cross
SCHI C Schwab 5-10 Year ... 1.05% 0.94 Crossed Above 200 DMA, Crossed Above 50 DMA, Cup with Handle, MACD Bullish Centerline Cross, Stochastic Reached Overbought, Upper Bollinger Band Walk
SHEN F Shenandoah Teleco... -1.65% 4.75 20 DMA Support, 50 DMA Support, MACD Bullish Centerline Cross, Volume Surge
FA C First Advantage C... -0.44% 1.84 20 DMA Support, 200 DMA Support, 50 DMA Support

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
KW B Kennedy-Wilson Ho... -6.35% 17.84 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Volume Surge, Wide Range Bar
SRPT D Sarepta Therapeut... -18.03% 5.40 Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend, Volume Surge
FLO D Flowers Foods, Inc. -2.91% 3.64 180 Bearish Setup, Bearish Engulfing, Expansion Pivot Sell Setup, Fell Below 200 DMA, Fell Below 50 DMA, Volume Surge, Wide Range Bar
ENTG D Entegris, Inc. -2.90% 0.79 180 Bearish Setup, Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
CNI D Canadian National... -2.74% 1.13 180 Bearish Setup, Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA
HTHT D China Lodging Gro... -3.28% 0.91 180 Bearish Setup, 20 DMA Resistance, Bollinger Band Squeeze, Fell Below 50 DMA, MACD Bearish Centerline Cross
ERII D Energy Recovery, ... -4.58% 3.08 180 Bearish Setup, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, Stochastic Reached Oversold, Volume Surge
CCS D Century Communiti... -0.27% 2.95 20 DMA Resistance, 50 DMA Resistance, Bollinger Band Squeeze, Doji - Bearish?, NR7, Shooting Star Candlestick
GKOS B Glaukos Corporation -2.81% 2.31 Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bullish Signal Line Cross, Non-ADX 1,2,3,4 Bearish
OHI C Omega Healthcare ... -2.98% 1.08 Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross

Comments

S

SwingScalp over 1 year ago

Pretty much in agreement with your thoughts here TraderMike.

1 Reply
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TraderMike over 1 year ago

The chop continues and just like that everything in the trend table is red except for the all green NASDAQ 100.  I'm really starting to doubt if this hide-out-in-big-cap-tech trend is going to end well. 

The "% of Stocks Above Their 50-Day Moving Averages" made another new 2023 low and that's definitely got my attention. I think the quickest way out of this choppy environment would be a selling crescendo that takes that indicator down to 10% or lower.

0 Reply
S

SwingTradeBot over 1 year ago

What are your thoughts on 'today's (2023-03-17) market action?

0 Reply

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