The “percent above” breadth indicators measure the percentage of stocks in a given group that are above a specific moving average. These indicators are calculated for several major indices using three different moving averages. For example, the Nasdaq 100 %Above 50-day SMA ($NDXA50R) shows the percentage of stocks in the Nasdaq 100 that are trading above their 50-day moving average.
Symbol Group: Percent Above Publisher: StockCharts Update Frequency: End-of-day (EOD).
These indicators are updated after
the market close, usually by 6:00 PM ET. Current Symbols: Catalog link
StockCharts uses a three-step process to calculate breadth indicators. First, StockCharts maintains component lists for these indices. Second, our scan engine uses these component lists to run scans based on the price data for the individual stocks. Third, the data is then updated and published to our website.
This “in-house” data may differ from other sources due to differences in the index components and price data. Index components change and require updates on a regular basis. Additionally, note that StockCharts uses dividend-adjusted data for its calculations, while other sources may use non-adjusted data.
The chart below shows the S&P 500 % Above 50-day SMA ($SPXA50R) in the main window and the S&P 500 in the lower window. At its most basic, this indicator favors the bulls when above 50% and the bears when below 50%. Chartists can also look for overbought/oversold readings or divergences to generate signals.
StockCharts.com users can access an up-to-date list of symbols for all our Percent Above Moving Average indicators. From this list, click the “Mentions” icon to the right of a specific symbol for more details about the symbol, as well as recent mentions in Public ChartLists, blog articles, and more.