Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -1.48% Weak or Absent Down Down Down Fell Below 200 DMA
S&P 500 -1.44% Strong Down Down Down Fell Below 200 DMA, New Downtrend
NASDAQ-100 -2.45% Weak or Absent Up Down Down 180 Bearish Setup, Stochastic Reached Oversold
Russell 2000 -1.65% Strong Down Down Down Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low
Dow -0.33% Weak or Absent Down Down Down

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
1218 Lower Bollinger Band Walk Weakness
747 New 52 Week Closing Low Bearish
697 New 52 Week Low Weakness
433 180 Bearish Setup Bearish Swing Setup
398 20 DMA Resistance Bearish

Unusually Active Signals for the Day

% Above Normal Alert Type
355 180 Bearish Setup Bearish Swing Setup
165 Gilligan's Island Buy Setup Bullish Swing Setup
148 Stochastic Buy Signal Bullish
133 Expansion Breakdown Bearish Swing Setup
112 Lower Bollinger Band Walk Weakness

Unusually Active Stocks

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
WM B Waste Management,... 6.10% 2.97 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Expansion Breakout, Expansion Pivot Buy Setup, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, Morning Star, Pocket Pivot, Wide Range Bar
LRN A Stride, Inc. 18.02% 10.11 Crossed Above 20 DMA, Expansion Breakout, Lower Bollinger Band Walk, MACD Bullish Signal Line Cross, New 52 Week Closing High, New 52 Week High, New Uptrend, Pocket Pivot, Volume Surge, Wide Range Bar
SAVA C Cassava Sciences,... 25.80% 4.00 Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Volume Surge, Wide Range Bar
TRV B The Travelers Com... 4.31% 1.86 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, Slingshot Bearish, Stochastic Buy Signal, Wide Range Bar
RSG A Republic Services... 2.99% 1.64 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot, Wide Range Bar
PDBC C PowerShares DB Op... 0.74% 0.63 20 DMA Support, Crossed Above 50 DMA, Expansion Pivot Buy Setup, Hammer Candlestick
JBT B John Bean Technol... 10.04% 2.87 Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, Lower Bollinger Band Walk, MACD Bullish Signal Line Cross, Pocket Pivot, Slingshot Bearish, Wide Range Bar
WCN A Waste Connections... 2.25% 2.00 50 DMA Resistance, Bullish Engulfing, Crossed Above 20 DMA, Crossed Above 200 DMA, Pocket Pivot, Wide Range Bar
AGX B Argan, Inc. 2.34% 1.61 Bullish Engulfing, Crossed Above 50 DMA, Lower Bollinger Band Walk, Pocket Pivot, Stochastic Buy Signal
WAB B Westinghouse Air ... 4.12% 2.53 Crossed Above 20 DMA, Crossed Above 200 DMA, New Uptrend, Pocket Pivot

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
SQSP A Squarespace, Inc. -3.53% 0.96 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
CYBR A CyberArk Software... -5.07% 1.05 Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
MKTX D MarketAxess Holdi... -9.26% 2.84 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend, Wide Range Bar
YELP C Yelp Inc. -2.56% 0.73 Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, NR7
GBX A Greenbrier Compan... -17.87% 6.44 Doji - Bullish?, Expansion Breakdown, Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Volume Surge, Wide Range Bar
TTWO A Take-Two Interact... -3.94% 1.11 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
PECO A Phillips Edison &... -1.21% 1.28 50 DMA Resistance, Fell Below 20 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross
SKX D Skechers U.S.A., ... -1.36% 1.18 200 DMA Resistance, 50 DMA Resistance, Bollinger Band Squeeze, Fell Below 20 DMA, MACD Bearish Signal Line Cross
GATO C Gatos Silver, Inc. -4.32% 0.73 180 Bearish Setup, Bollinger Band Squeeze, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
INST B Instructure Holdi... -3.58% 0.90 Cup with Handle, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, Stochastic Reached Oversold

Comments

T

TraderMike about 1 year ago

Seeing so much red in the trend table reminds me of what I wrote back on July 31st, when it wa solid green:

Typically the trend table being all green or all red is a sign of at least a short term extreme. 
But we're not quite solid red yet, so I'm not enticed to go bottom fishing just yet. 

The other thing that stands out to me is that the percentage of stocks above their 50-day moving average is a hair off of its 52-week low.  It's at 19.98, which indicates an oversold market... but I've seen it reach single digits in really ugly times, which often leads to a capitulation bottom.  

So we're at an interesting juncture.  If I had to choose a side right here I'd be a bear... but I'd be pretty quick to cover my short positions on a flush lower.  The trend follower in me has a really hard time going long when (almost all) the indices are under all the key moving averages.  

1 Reply
S

SwingTradeBot about 1 year ago

What are your thoughts on 'today's (2023-10-25) market action?

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