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 2/18/14.

diffusion 02.19.14 High RS Diffusion Index

After reaching a single-day low of 26% on 2/3/14, this index has rebounded sharply. The 10-day moving average is 58% and the one-day reading is 79%.

This entry was posted on Wednesday, February 19th, 2014 at 9:01 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>