US Stocks Industry Groups Relative Strength Rankings
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US Industry Groups by Highest RS Score
More changes at the top of the Industry Groups Relative Strength (RS) Rankings this week as Marine Transportation ($DJUSMT) rose up +13 RS points to take the top spot, as stocks in the group like KEX, GOGL, NMM and made strong moves higher later in Stage 2, and ZIM (highlighted twice this week in the watchlist posts) made a new Stage 2 breakout attempt on Friday with a very strong +16.07% move on heavy volume.
Another group rising this week was the Semiconductors ($DJUSSC) group which gained +3 RS points to move up to 2nd place overall as numerous stocks in the group had strong rebounds including mega cap NVDA, which rose +15.14% and has the largest weighting the group.
US Industry Groups by Weakest RS Score
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 video – as 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.