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Saturday, February 5, 2011

Relative Strength By Industry

Here are the industries that have 75% or more of there stocks in the relative strength range this week (it just so happens there are 25). I have also included increase in market cap and the percentage of stocks which advanced this week, highlighting the top 10 in each category. Not surprisingly, there is no correlation between increase in market cap and the number of stocks in the relative strength range, there is some correlation, but nt very strong, between the number of stocks advancing and relative strength. On the left I have highlighted the groups that are in the top 10 in 3 or more categories. these are groups showing both long and short term strength.

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