No. of Recommendations: 7
Name SP500 R1000EW R1000 R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) SPY EQAL IWB IWM IYT XRT KRE IBB SMH
As of (LastD) 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24 29-Nov-24
Signal_Status* Bullish Bullish Bullish Bullish Bullish Bullish Bullish BEARish Bullish
Signal_ChgD 09-Nov-23 05-Dec-23 16-Nov-23 12-Jul-24 21-Aug-24 19-Sep-24 07-May-24 18-Nov-24 27-Sep-24
Since_ChgD 386 360 379 140 100 71 206 11 63
Confirmed Yes Yes Yes Yes Yes Yes Yes Yes Not Yet
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Status_MAC(50) Support Support Support Support Support Support Support Resistance Resistance
ROC(50-DMA) 6.2% 6.3% 6.5% 5.2% 8.2% 2.4% 9.0% -1.6% 5.8%
Status_MAC(200) Support Support Support Support Support Support Support Resistance Support
ROC(200-DMA) 22.3% 11.7% 21.9% 14.6% 8.8% 18.4% 18.2% 11.4% 56.2%
DMAC(50,200) 7.0% 6.5% 7.1% 6.8% 4.7% 2.5% 13.9% 2.3% 4.3%
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LastD_Price 602.67 51.95 332.53 241.85 74.72 82.82 67.73 141.55 242.13
50-DMA 582.18 49.37 319.82 225.83 70.70 77.65 60.59 142.84 248.13
200-DMA 544.13 46.36 298.60 211.49 67.53 75.78 53.22 139.58 237.80
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# Signals /Yr 0 1 0 3 4 2 3 4 2
# BuyD /Yr 252 249 252 232 206 248 222 213 241
# NeutralD /Yr 0 0 0 0 0 0 0 0 0
# SellD /Yr 0 3 0 20 46 4 30 39 11
% BuyD /Yr 100% 99% 100% 92% 82% 98% 88% 85% 96%
-- -- -- -- -- -- -- -- -- --
52wL(Daily) 454.61 40.90 249.77 178.98 60.58 64.54 45.03 119.34 157.50
52wH(Daily) 602.67 51.95 332.53 242.40 75.40 84.01 68.90 149.47 281.27
% Off_52wH NH NH NH NH NH NH NH 6% 16%
LastD_52wH 29-Nov-24 29-Nov-24 29-Nov-24 25-Nov-24 25-Nov-24 25-Nov-24 25-Nov-24 19-Sep-24 10-Jul-24
SinceD_52wH 0 0 0 4 4 4 4 71 142
CountD_52wH 64 35 65 19 16 14 11 10 37
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The "Economic Modern Family" is a combination of three market index ETF's and five varying sectors & groups for "Market Analysis".
Trend indicators that give you an overall weekly gauge of how aggressive or not to be on the long or short side.
*My "Modern Family" signals(2) are not strictly identical to the (MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 27-Sep-2024
"BEARish" - phase when Status_MAC(50) is "RESISTANCE" while ROC(50-DMA) is Negative OR Status_MAC(200) is "RESISTANCE" while ROC(200-DMA) is Negative.
"Bullish" - phase when NOT "BEARish"
"Support" - is the level(floor) at which demand is strong enough to stop the stock from falling any further. (MAC positive 5d)
"Resistance" - is the level(ceiling) at which supply is strong enough to stop the stock from moving higher. (MAC negative 5d)
"Confirmed" - when Status_MAC(50) AND ROC(50-DMA) both agree with "Signal_Status" phase.
ROC(50-DMA) = 50*SLOPE(F$458:F$507,$A$458:$A$507)/TREND(F$458:F$507,$A$458:$A$507,$A$458) Where F is 50-DMA and A is MktDay (ascending)
ROC(200-DMA) = 200*SLOPE(F$308:F$507,$A$308:$A$507)/TREND(F$308:F$507,$A$308:$A$507,$A$308) Where F is 200-DMA and A is MktDay (ascending)
Criteria that Refute - Moving averages do well in trending markets but they generate many false signals in choppy, sideways markets.
Description - After a crossover is identified, it is considered "not yet confirmed". Then additional confirmation is sought by watching the slope of the moving average.
Source of Data - Price data for Symbols in Modern Family are exported from real time charts to .CSV files after market close.
CountD_52wH - FYI: Ten year average 52wH/Yr count for .SPx, MDY, & IJH was 34, 20 & 16 as of 27-Sep-2024.
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ARCHIVE
More Details: Posted end of month by mapg on the Mechanical Investing board (shrewdm.com)
Modern Family DEC-2024,
Modern Family NOV-2024,
Modern Family OCT-2024,
https://www.shrewdm.com/MB?pid=713312896Modern Family SEP-2024,
https://www.shrewdm.com/MB?pid=35891541Modern Family AUG-2024,
https://www.shrewdm.com/MB?pid=113958611Modern Family JUL-2024,
https://www.shrewdm.com/MB?pid=626153285Modern Family JUN-2024,
https://www.shrewdm.com/MB?pid=716545054Modern Family MAY-2024,
https://www.shrewdm.com/MB?pid=527927256Modern Family APR-2024,
https://www.shrewdm.com/MB?pid=901366147Modern Family MAR-2024,
https://www.shrewdm.com/MB?pid=100513411Modern Family FEB-2024,
https://www.shrewdm.com/MB?pid=618324647Modern Family JAN-2024,
https://www.shrewdm.com/MB?pid=157834189Modern Family DEC-2023,
https://www.shrewdm.com/MB?pid=993308542GD_