Percentage of Stocks Above 50-Day Moving Averages

Currently, 60% of S&P 500 companies are trading above their 50-day moving averages.  This number has peaked out just above 80% twice in the past year, so hopefully it can make it up there again before the index sees a pullback.  Health Care tops the list of sectors with 92% of stocks trading above their 50-days.  Consumer Discretionary and Consumer Staples rank second and third at 79% and 78%, while Energy is at just 3%.

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