Utilities stocks have come back after a sudden surge

Earlier in June, utilities stocks enjoyed a surge that pushed all of them above their 50-day moving averages. That has since cooled and now less than a third of them are above average. The entire time, no more than 60% of them managed to climb above their 200-day averages. A similar surge-then-pause is seen in the McClellan Oscillator for the sector.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.

Not ready to signup up for a free trial yet?

Signup for our Daily Lite email to receive highlights of our daily report, research and studies.

Follow us on Twitter:

Subscribe to our Youtube Channel:

RSS Feed

Subscribe to the Blog RSS feed