Archive for the Technical Analysis Category
Technical Action Yesterday
Technical action by S&P 500 stocks remains bullish. Eight S&P 500 stocks broke resistance (Carefusion, Ecolab, General Dynamics, Heinz, McKesson, Whirlpool and Dentsply) and two stocks broke support (HCP and Lexmark). The Up/Down ratio increased from 7.04 to
12.15.2010| Technical Analysis | Tech Talk
Technical Action Yesterday
Technical action by S&P 500 stocks remained bullish yesterday. Twenty three S&P 500 stocks broke resistance (a list too long to include in this report) and none broke support. The Up/Down ratio increased from 5.74 to (401/57=) 7.04.
Technical action by TS
12.14.2010| Technical Analysis | Tech Talk
Equity Trends
The ratio of S&P 500 stocks in an uptrend to a downtrend (i.e. the Up/Down ratio) increased last week from 4.99 to ((390/68=) 5.74. The ratio remains intermediate overbought.
Bullish Percent Index for S&P 500 stocks increased last week from 79.80% to 82.80% and remain
12.13.2010| Technical Analysis | Tech Talk
Weekly Technical Review of Select Sector SPDRs
Economically sensitive sectors (Technology, Materials, Industrials, Consumer Discretionary, Energy) have outperformed the S&P 500 since July but underperformed the S&P 500 Index last week.
Best performing sector was Financials. Worst per
12.10.2010| Technical Analysis | Tech Talk