Relative Strength By Industry
Once again I have highlighted the top 10 industries in 40 week average, but this week we have a tie for number 10, so this is the top 11. I believe Lodging is the new group here.
These are the groups with the highest percentages of stocks in the relative strength range this week. 6 of the 11 highlighted groups are here, and all 6 have higher 1 week percentages than their 40 week average. Long term strength translates to short term strength in these cases.
These are the top 10 i 1 week change. It is a bit pf a surprise to see 2 of the top 11 here, as the leaders here are usually either very small or very week groups that have a lot of room to move.
These are the top 10 in 4 week average. Most of the highlighted groups are here.
These are the top 10 in 10 week average. Again, the highlighted groups are dominating.
These are the top 10 in difference between the 4 week average and 10 week average. It seems that the highlighted groups don't show up here, which should not be a surprise, since their averages are already high. I have been looking for signs of rotation, and this may be the place to look.
These are the groups with the highest percentages of stocks in the relative strength range this week. 6 of the 11 highlighted groups are here, and all 6 have higher 1 week percentages than their 40 week average. Long term strength translates to short term strength in these cases.
These are the top 10 i 1 week change. It is a bit pf a surprise to see 2 of the top 11 here, as the leaders here are usually either very small or very week groups that have a lot of room to move.
These are the top 10 in 4 week average. Most of the highlighted groups are here.
These are the top 10 in 10 week average. Again, the highlighted groups are dominating.
These are the top 10 in difference between the 4 week average and 10 week average. It seems that the highlighted groups don't show up here, which should not be a surprise, since their averages are already high. I have been looking for signs of rotation, and this may be the place to look.






2 comments:
Have a DYNAMITE day my friend!
i enjoy exactly how you receive your level throughout
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