FYI: Below is a look at our Dow 30 trading range screen as we begin a new week. For each stock, the dot represents where it’s currently trading within its normal “trading range” (see bottom of screen for details), while the tail end represents where it was trading one week ago. The black vertical “N” line represents each stock’s 50-day moving average.
After three weeks of declines for the market, ten Dow stocks are now oversold while just two are overbought. A week ago there were ten overbought stocks and six oversold
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bespokes-dow-30-trading-range-screen/
