% of Stocks Above 50-Day Moving Averages

While the S&P 500 broke below its 50-day moving average today, the percentage of stocks in the index above their 50-days still sits at 56%.  Utilities, Telecom, and Materials are the only three sectors with less than 50% of stocks above their 50-DMAs.  Health Care has the most amount of stocks above their 50-days at 75%, followed closely by Energy at 72%.  To track this breadth indicator on a regular basis, subscribe to Bespoke Premium today.