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 10/16/12.

diffusion101712 High RS Diffusion Index

The 10-day moving average of this indicator is 74% and the one-day reading is 76%.

This entry was posted on Wednesday, October 17th, 2012 at 6:45 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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