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Saturday, August 6, 2011

Relative Strength By Industry

 Here are the top 30 industries in percentage of stocks in the relative strength range. We are seeing some major turnover here, as only a handful of the medium and long term strong groups are in the top 30. I will be concentrating on the groups with 4 or more categories highlighted, but will also be watching for groups that are moving up.
 
Here are the top 10 in 40 week average, the indicator of long term strength. Only two of these groups are in the top 10 this week, so we are seeing some of the longest term strong groups taking a pretty big fall. Right now it is pretty safe to say there rreally aren;t any leading industries.

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