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 7/19/11.

High RS Diffusion Index

The vast majority of high relative strength stocks are now trending higher. The 10-day moving average of this indicator is 76% and the one-day reading is 72%.

This entry was posted on Wednesday, July 27th, 2011 at 7:27 am and is filed under Markets, Relative Strength Research. 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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