Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -1.68% Weak or Absent Up Down Down
S&P 500 -1.65% Weak or Absent Up Down Down
NASDAQ-100 -1.83% Weak or Absent Up Down Down Cup with Handle, MACD Bearish Centerline Cross
Russell 2000 -1.55% Weak or Absent Down Down Down Lower Bollinger Band Walk
Dow -1.09% Weak or Absent Up Down Down Bollinger Band Squeeze, Stochastic Reached Oversold

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
676 Lower Bollinger Band Walk Weakness
559 Fell Below 20 DMA Bearish
543 New 52 Week Closing Low Bearish
463 MACD Bearish Signal Line Cross Bearish
461 New 52 Week Low Weakness

Unusually Active Signals for the Day

% Above Normal Alert Type
357 Gilligan's Island Buy Setup Bullish Swing Setup
322 Expansion Breakdown Bearish Swing Setup
319 Evening Star Bearish
257 Fell Below 200 DMA Bearish
204 MACD Bearish Centerline Cross Bearish

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
IAU B ishares Gold Trust -0.74% 1.31 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
GLD B SPDR Gold Trust ETF -0.72% 1.36 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
PFXF A Market Vectors Pr... -1.34% 1.06 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
MORT A Market Vectors Mo... -3.77% 1.95 Cup with Handle, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
PFF A iShares US Prefer... -1.34% 2.17 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, Stochastic Sell Signal
BXMT C Blackstone Mortga... -3.68% 1.06 Cup with Handle, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend
FPE A First Trust Prefe... -0.68% 1.54 Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
OUNZ B Merk Gold Trust ETV -0.69% 1.03 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
BAR B GraniteShares Gol... -0.73% 0.97 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross
TECK C Teck Resources Ltd -4.43% 1.66 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross

Comments

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TraderMike 12 months ago

It's obviously ugly out there for the bulls.  The thing that stands out to me tonight is the "% of Stocks Above Their 50-Day Moving Averages" chart.  It's diving toward its 52-week low of just under 22.   The only good thing (for the bulls) about that is we're approaching oversold on that measure.  I've seen that indicator reach single digits though, so I'm in no rush to go shopping (for stocks) just yet.

#2 on my list of standouts on this page is how many "Expansion Breakdowns" there were today -- 322% above normal.

So there's a ton of weakness around but it's a great time build a watchlist with some leading stocks that are being dragged down with the broader market (for example, see the Strong but Oversold scan). 

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SwingTradeBot 12 months ago

What are your thoughts on 'today's (2023-09-21) market action?

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