NASDAQ 100 Index Stocks Trading Above 50 Day Moving Average
This is a chart of how many stocks in the NASDAQ 100 are trading above their 50 day simple moving average, plotted below a chart of the NASDAQ 100 Index. Areas of strength in this stock market breadth indicator are highlighted with a red background (over bought), and areas of weakness are highlighted with a green background (over sold).
As of right now, 8/12/2010, the indicator is Neutral, with 41 stocks in the NASDAQ 100 index trading above their 50 day simple moving average.
Here are some other NASDAQ 100 Composite market breadth indicators that may be of interest:
Composite stocks trading at new yearly highs