Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -0.78% Weak or Absent Up Up Flat Bollinger Band Squeeze, Cup with Handle, Fell Below 20 DMA
S&P 500 -0.67% Weak or Absent Up Up Flat Bollinger Band Squeeze, Cup with Handle, Fell Below 20 DMA
NASDAQ-100 0.11% Weak or Absent Up Up Up Stochastic Sell Signal
Russell 2000 -1.46% Weak or Absent Down Down Down Bollinger Band Squeeze, Fell Below 20 DMA
Dow -1.02% Weak or Absent Up Flat Down 180 Bearish Setup, Cup with Handle, Fell Below 50 DMA, MACD Bearish Centerline Cross

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
612 Fell Below 20 DMA Bearish
475 180 Bearish Setup Bearish Swing Setup
410 Lower Bollinger Band Walk Weakness
400 Upper Bollinger Band Walk Strength
366 New 52 Week Closing Low Bearish

Unusually Active Signals for the Day

% Above Normal Alert Type
307 180 Bearish Setup Bearish Swing Setup
133 Fell Below 50 DMA Bearish
102 Fell Below 20 DMA Bearish
94 Fell Below 200 DMA Bearish
72 Stochastic Sell Signal Bearish

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
VBK C Vanguard Small-Ca... -1.69% 0.63 180 Bearish Setup, Bollinger Band Squeeze, Cup with Handle, Death Cross, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
IYT D iShares Transport... -1.30% 0.55 180 Bearish Setup, Cup with Handle, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, NR7, Narrow Range Bar
ELS F Equity Lifestyle ... -3.14% 0.91 Bollinger Band Squeeze, Cup with Handle, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
KRG B Kite Realty Group... -3.51% 0.95 Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
O A Realty Income Cor... -2.66% 0.96 Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
DLR C Digital Realty Tr... -4.86% 0.60 180 Bearish Setup, Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
EBAY A eBay Inc. -4.65% 1.17 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
YPF B YPF Sociedad Anonima -2.96% 0.58 20 DMA Resistance, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
RH D Restoration Hardw... -8.77% 2.05 180 Bearish Setup, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend
FTV D Fortive Corporation -1.77% 0.63 180 Bearish Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA

Comments

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TraderMike 11 months ago

I don't want to read too much into today's action because the market has been so choppy lately.  However, it is striking to me just how much red (bearish signals) is on the recap today.  

The "Unusually Active Signals for the Day" section is dominated by stocks breaking down under key moving averages.  The Russell 2000 is still sucking wind and the Dow joined it under its 50-day moving average today.  

The NASDAQ 100 continues to drift higher (although it did trigger a stochastic sell signal today) while SPY has essentially been stuck going sideways for the last 6 weeks.  A pretty blah market at the moment.

0 Reply
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SwingTradeBot 11 months ago

What are your thoughts on 'today's (2023-05-16) market action?

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