Stage 4 Downtrend

Stan Weinstein called the declining phase of a stock cycle Stage 4. It is the mirror image of the Stage 2 uptrend: stacked falling averages show selling on every time frame. Long investors avoid these names; short sellers look for entries on rallies. This list shows NYSE and Nasdaq stocks trading below the 50-day moving average with the 50-day below the 150-day and the 150-day below a 200-day average that is lower than a month ago, down more than 20% in six months with a relative strength rank below 30, weakest first. Penny stocks and illiquid names are excluded.