Above The 40 – Confidence And A Conditional Reprieve Amid Oversold Lows
October 14, 2018 at 12:44 PM EDT
AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), fell as low as 9.4% on Friday. AT40 dropped as low as 8.6% intraday during the February swoon.