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 4/12/11.

The 10-day moving average of this indicator is 83% and the one-day reading has pulled back to 55%.

 

This entry was posted on Wednesday, April 13th, 2011 at 6:33 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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