Overall Trend: The market appears to be in a relatively strong uptrend with a significant portion of constituents showing bullish momentum.
Breakdown:
Overbought: 11 constituents
High Bullish Momentum / Approaching Overbought: 11 constituents
Strong: 30 constituents
Neutral: 27 constituents
Weak: 19 constituents
High Bearish Momentum / Approaching Oversold: 0 constituents
Oversold: 3 constituents
Lester Davids
Analyst: Unum Capital
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