September 29, 2023 - ChartAlert®

Bullish Percent Index: A Powerful Sentiment Indicator for Traders and Investors

The Bullish Percent Index measures the percentage of stocks in an index that are on Point & Figure Buy Signals; it is a useful tool for gauging the overall strength and direction of the market, as well as identifying potential reversals and opportunities; this feature was introduced in October 2023

1–2 minutes

Bullish Percent Index can be based on P&F Charts or even a Line Chart

The Bullish Percent Index (BPI) measures the percentage of stocks in an index on Point & Figure Buy Signals, offering traders and investors a valuable tool to assess market sentiment, identify trend reversals, and uncover opportunities.