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US Stocks Industry Groups Relative Strength Rankings

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US Industry Groups by Highest RS Score

Semiconductors ($DJUSSC) continues to hold on to the top spot in the Industry Groups Relative Strength (RS) Rankings, but the Materials sector groups have been seeing some strong near-term RS, with Nonferrous Metals ($DJUSNF) for example moving up +14 RS points to 6th overall, as multiple Silver stocks put in a strong week.

Another area of note this week is the Renewable Energy Equipment ($DWCREE) group, which I've discussed previously in late February, as multiple stocks in the group continue to develop base structures, either still in late Stage 4 or Stage 1. The group had this weeks strongest percentage gain and a few of the Stage 1 stocks are currently not too far from their potential Stage 2 breakout levels. i.e. FSLR (see below), ENPH. While some others in the group are rebounding around the bottom ends of fledgling base structures. i.e RUN, ARRY. So continues to be a group to keep an eye on.

US Industry Groups by Weakest RS Score

Automobiles ($DJUSAU) continues to hold at the bottom of the RS rankings and Coal ($DWCCOA) has now dropped into second from bottom position.

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.