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 3/4/14.

diffusion 03.05.14 High RS Diffusion Index

The 10-day moving average of this indicator is 79% and the one-day reading is 87%.

This entry was posted on Wednesday, March 5th, 2014 at 7:23 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.

One Response to High RS Diffusion Index

  1. EuropeanSectorInvestor.blogspot.com says:
    March 6, 2014 at 12:05 pm

    Actually I left a comment here yesterday but somehow it seemed to got lost:

    Here is a Diffusion/Participation Index for the European STOXX 600 universe:

    http://3.bp.blogspot.com/-RMeLlSwTFQY/UxHUfctk1JI/AAAAAAAADf4/Hh8CbHqaUls/s1600/20140228+M2+Perf.png

    Data is weekly, as of last weeks closing. Perhaps you find it interesting.

    Cheers,

    Trader D

    Reply

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