Technicals Tag

Developed Market Stocks Are Down, But Far From Oversold

27 Jan, by Knowledge Leaders Team in Uncategorized

With stocks around the world selling off pretty much in tandem over the last week we thought we’d review what our indicators of market breadth are telling us at the moment. In a nutshell, even though most markets suffered 2-3% losses last week, global stocks...

The Average Stock Quietly Correcting From Overbought Condition

06 Dec, by Knowledge Leaders Team in Uncategorized

One way we measure the internal condition of the stock market is to measure the percent of issues that are trading above their own various moving averages. In the below charts we measure the percent of issues trading above their respective 50-day moving averages to...

Telecom The Most Overbought Sector Over the Last 200 Days

06 Nov, by Knowledge Leaders Team in Uncategorized

Global stock markets have obviously had a great year in 2013, leaving most sectors rather overbought on an intermediate term basis. In the below tables we present from highest to lowest each sector’s average stock price relative to it’s own 200 day moving average....

NYSE Margin Debt rose to All-Time highs

23 Oct, by Knowledge Leaders Team in Uncategorized

Peaks in NYSE Margin Debt has been a leading indicator in the last large market declines (2000, 2007, 2011). NYSE Margin Debt was looking like it might be topping out in April. However, the latest data for September shows it increased by about $20 billion...