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
665 Lower Bollinger Band Walk Weakness
552 Fell Below 20 DMA Bearish
534 New 52 Week Closing Low Bearish
458 MACD Bearish Signal Line Cross Bearish
455 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
BN B Brookfield Corpor... -5.38% 1.96 Cup with Handle, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Wide Range Bar
OUNZ C 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 C 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
GLD C 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
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
PFXF C 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
FPE C 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
PFF C 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
GLPI C Gaming and Leisur... -2.80% 0.88 200 DMA Resistance, Evening Star, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, Wide Range Bar
DRS B Leonardo DRS, Inc. -1.47% 1.20 Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, Shooting Star Candlestick

Comments

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TraderMike about 1 year 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). 

0 Reply
S

SwingTradeBot about 1 year ago

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

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