High RS Diffusion Index

The chart below measures the percentage of high relative strength stocks that are trading above their 50-day moving average (universe of mid and large cap stocks.) As of 11/30/10.

This index has pulled back from above 90% in recent weeks, but remains above 80% indicating the continuing rising trends of high relative strength securities.

 


This entry was posted on Wednesday, December 1st, 2010 at 7:09 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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