Relative Strength By Industry

Here are the top 30 industries in percentage of stocks in the relative strength range this week. One thing to note this week is that we did have a decently strong correlation between relative strength and stocks advancing for the week, something we don't normally see. Whether that is a sign of market weakness or just a one hit wonder is not known yet. I will be paying closest attention to the groups with 4 or more categories highlighted, of which there aren't that many this week.