Stock Market Recap for
Index Trend Table
Index | % Chg | ADX | Long Term | Mid Term | Short Term | Signals | |
---|---|---|---|---|---|---|---|
Wilshire 5000 | 0.33% | Weak or Absent | Up | Up | Up | Cup with Handle | |
S&P 500 | 0.39% | Weak or Absent | Up | Up | Up | Cup with Handle | |
NASDAQ-100 | 0.67% | Strong | Up | Up | Up | Cup with Handle | |
Russell 2000 | 0.15% | Weak or Absent | Down | Down | Down | 20 DMA Resistance, Bollinger Band Squeeze, NR7, Narrow Range Bar | |
Dow | 0.02% | Weak or Absent | Up | Up | Up | Cup with Handle, Narrow Range Bar |
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 |
---|---|---|
391 | 20 DMA Support | Bullish |
378 | Pocket Pivot | Bullish Swing Setup |
369 | 20 DMA Resistance | Bearish |
354 | Crossed Above 20 DMA | Bullish |
349 | Cup with Handle | Other |
Unusually Active Signals for the Day
% Above Normal | Alert | Type |
---|---|---|
172 | Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup |
97 | Doji - Bullish? | Reversal |
91 | MACD Bearish Signal Line Cross | Bearish |
83 | Hammer Candlestick | Bullish |
76 | 1,2,3 Pullback Bullish | Bullish Swing Setup |
Unusually Active Stocks
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.
T
TraderMike over 1 year ago
The obvious standout is the small caps still badly lagging behind the larger cap indices. For those other indices the selling of the last 2 days appears to just be a normal dip in a longer term uptrend. I see that lots of stocks tested their 20-day moving averages today -- from above and below -- with twice as many finding support or crossing above that line than those failing at that the 20 DMA.
I'm also glad to see that one of my favorite scans, the Non-ADX 1,2,3,4 Bullish topped the "Unusually Active Signals for the Day" list. I've added a couple of stocks from there to my "Ready for Entry" watchlist for Monday. Hopefully they will actually trigger entries.
I'm also glad to see that one of my favorite scans, the Non-ADX 1,2,3,4 Bullish topped the "Unusually Active Signals for the Day" list. I've added a couple of stocks from there to my "Ready for Entry" watchlist for Monday. Hopefully they will actually trigger entries.
S
SwingTradeBot over 1 year ago
What are your thoughts on 'today's (2023-04-06) market action?
View full discussion...
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