Sentiment Indicators: Bullish Percent Index and Percent of Stocks above their own MAs Index

This post is about the demo videos related to Sentiment Indicators, specifically Bullish Percent Index and Percent of Stocks above their own MAs Index, and using them for charting in ChartAlert

1 minute

The Bullish Percent Index (BPI) 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.

The Percent of Stocks above their own Moving Averages Index is a market breadth indicator (also a proxy for prevailing market sentiment) that is used to assess the overall health of a stock market or a particular sector within it. It helps traders and investors gauge the strength of the prevailing trend and identify potential turning points in the market.

See related videos on YouTube

Videos on YouTubeTime in mm:ss
Bullish Percent Index
New in Oct-2023		3:17
Percent of Stocks Above a Moving Average
New in Oct-2023		3:13
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