Among the top 10 industries that have stocks withing the top 25% of their 52 week price ranges (also known as "the relative strength range"), the #3 group, farm and construction machinery, was one of two not to be in the top 10 in any other category, meaning it has gained strength very quickly (the other is rental and leasing services).
|Ticker||Price as a % of 52 Wk H-L Range||EPS growth past 5 years||Return on Equity||50-Day Simple Moving Average||200-Day Simple Moving Average||20 day v/ms|
There are 16 stocks in the group, but BUCY is being acquired and is no loner in my database, so I have no data on it. All but one (CMCO) are in the relative strength range. I ranked them by 20 day v/ms, and 5 of them have enough volume to qualify for leadership qualifications. None have the fundamental qualifications, but AGCO, CNH, and LNN come close.
MTW is extended, AGCO, LNN, and CNH appear to be on the verge of breakouts after a pullback, and TEX is extending a previous breakout. Of the 5, I think LNN has the most potential.