via Bespoke
Tuesday, April 10, 2012 at 05:18PM
Following today’s sell-off in the equity market, there are now 226 stocks in the S&P 500 that are currently in oversold territory (more than one standard deviation below 50-day moving average). On a percentage basis, this works out to 45.2% of the stocks in the index. The last time there were more oversold stocks in the S&P 500 was back on October 4th.
Read the rest and see the graphs here.
