This article from Benzinga looks at the 10 worst performing stocks in the S&P 500 Index in 2017.
The Chaikin Power Gauge Rating was bearish for 8 out of 10 of these stocks, for all or part of 2017. Our Relative Strength Sell Signal triggered 41 times in the 10 stocks with 85% accuracy over the next 4-8 weeks.
The Chaikin Power Gauge Rating distills 20 key fundamental, technical and sentiment factors into a simple but powerful red/green gauge. It is like having your own highly rated Wall Street analyst . . . except most Wall Street analysts don’t make sell recommendations.
Below is an example of a Classic Chaikin Bear.
The Power Gauge Rating and our proprietary Relative Strength Indicator have been bearish from January 1, 2017 through early November as Frontier Communications dropped from 52 to 5. Chaikin Money Flow confirmed institutional selling beginning in late February.
The Power Gauge Rating at the bottom of the chart turned bullish in early December.