Relative Strength By Industry

Here are the top 30 industries in percentage of stocks in the relative strength range this week. I have highlighted the top 10 groups in each category, and will be paying special attention to those groups that have 4 or more categories highlighted. The were a very large number of groups that had 100% of their stocks advancing last week, so the highlighting in that category doesn't mean much. but I did notice that most of the groups that have more than 5 stocks in them that made big increases in relative strength this week also had a high number (85% or more) of their stocks moving up. Stocks advancing by itself doesn't tell you much about the strength of a group, but combined with relative strength data it possibly does.