The chart below measures the percentage of high relative strength stocks (top quartile of our ranks) that are trading above their 50-day moving average (universe of mid and large cap stocks.) As of 5/3/16.
The 10-day moving average of this indicator is 69% and the one-day reading is 70%.
The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Investors cannot invest directly in an index. Indexes have no fees. Past performance is no guarantee of future returns. Potential for profits is accompanied by possibility of loss.
