US Stocks Industry Groups Relative Strength Rankings

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US Industry Groups by Highest RS Score

Semiconductors ($DJUSSC) retains the top spot in the Industry Groups Relative Strength (RS) Rankings for a fifth week as multiple stocks in the group continue to pish to new highs in Stage 2.

The Oil and Gas groups saw some improvements as Crude Oil consolidated around its 200 day MA. So further improvement could see it make a Stage 2 breakout attempt, which would ignite the energy stocks if it did.

US Industry Groups by Weakest RS Score

At the bottom of the rankings there were some changes as Aluminum ($DJUSAL) moved off of the bottom of the rankings, and Renewable Energy Equipment ($DWCREE), which was discussed in last weeks post as it starts to develop in Stage 1 – continued to improve and move up the rankings. So is an area to keep an eye on for developing Stage 1 base structures.

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.