The percentage of stocks above the 200-day SMA is a breadth indicator that measures the degree of participation in an index. Megapro utilizes the 200-day Simple Moving Average (SMA) percentage data to evaluate Fear and Greed in the stock market and to generate Fear & Greed signals.
Disclaimer: Megapro provides data solely for educational or informational purposes. All investment strategies and investments involve the risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any decisions or actions based on the information presented here are done at your own risk and discretion.