Percentage of small, midcap stocks trading below 20-DMA down to 57% from 83%: Anand James

Percentage of small, midcap stocks trading below 20-DMA down to 57% from 83%: Anand James

The percentage of small and mid-cap stocks trading below 20-DMA has come down to 57% from 83% last week, indicating attempts to pull back, says Anand James, Chief Market Strategist, Geojit Financial Services. However, the percentage of stocks closing below the 30-day low increased to 9% from 2% last week which is indicating that the … Read more