Today's Current Accumulation-Distribution Study...
Occasionally, we share our Institutional Accumulation/Distribution chart on this free member site. Today, will be one of those days.
In this daily study, we calculate Institutional Investor buying levels and selling levels. Then, we subtract the Institutional buying reading from the Institutional selling reading.
The result is a "Net" number that shows if they were in Accumulation or Distribution that day. And ... the red and blue lines on this graph show the trend of that movement relative to the New York Stock Exchange.
On February 10th, the red/blue trend lines crossed over to the upside. And then, on February 16th, the Institutional Investors reached a low Accumulation level. (Yesterday, net Accumulation moved higher.)
(Today's chart is posted every morning on the paid subscriber sites.)