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US Stocks Industry Groups Relative Strength Rankings

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US Industry Groups by Highest RS Score

Semiconductors ($DJUSSC) retained the top spot in the Industry Groups Relative Strength Rankings, but pulled back into the end of the week as it got short-term extended on Wednesday and into Thursdays open. But it was a rotational week, with strength in other areas of the market that have been out of favour recently, such as the Oil and Gas groups especially. As Crude Oil futures had a strong week (+6.50%), clearing some short-term pivot highs and closing just above its 200 day MA, which was highlighted in the watchlist post on Thursday.

US Industry Groups by Weakest RS Score

Automobiles ($DJUSAU) dropped to the bottom of the RS ranking this week, as TSLA disappointed on earnings and made a Stage 4 breakdown attempt in the process.

US Industry Groups sorted by Relative Strength

The purpose of the Relative Strength (RS) tables is to track the short, medium and long-term RS changes of the individual groups to find the new leadership earlier than the crowd.

RS Score of 100 is the strongest, and 0 is the weakest.

In the Stage Analysis method we are looking to focus on the strongest groups, as what is strong, tends to stay strong for a long time. But we also want to find the improving / up and coming groups that are starting to rise up strongly through the RS table from the lower zone, in order to find the future leading stocks before they break out from a Stage 1 base and move into a Stage 2 advancing phase.

Each week I go through the most interesting groups on the move in more detail during the Stage Analysis Members weekend videoas Industry Group analysis is a key part of Stan Weinstein's Stage Analysis method.

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.