Percentage of S&P 500 Stocks Above Their 200-Day MA Hits Highest Level Since February

The percentage of stocks in the S&P 500 index trading above their 200-day moving average has reached nearly 70%, marking a high level not seen since February. This technical indicator is often viewed as bullish, suggesting strong market momentum.

By Monica L. Correa, SA News Editor · Seeking Alpha ·

Percentage of S&P 500 Stocks Above Their 200-Day MA Hits Highest Level Since February

Topics: 200-day moving average bullish trend S&P 500

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