US Stocks Industry Groups Relative Strength Rankings
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US Industry Groups by Highest RS Score
I last highlighted the Marine Transportation ($DJUSMT) group, back on the 26th April post, when it rose up to the top of the DJ Industry Groups Relative Strength Rankings, where it has since remained. With ZIM leading to the upside, with a further +36.57% this week, as it continues to move higher in early Stage 2 and has now cleared a major resistance level that had held for the last 10 months. But has reached extended levels in the very short-term, with the entire daily bar outside of its normal 3 ATR range.
You can find the Marine Transportation group on the US Stocks Screener and the GICS Sub-industries Bell Curve page, but due to the different group constructions to the DJ US Industry Groups in this post, you'll also find that many of the individual stocks in another group called Oil & Gas Storage & Transportation, where for example ASC is the current leader, and 100% of the stocks are on a SATA score of 6 or higher.
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.
There are now multiple ways on the Stage Analysis website to view individual groups and sectors via the GICS Sub-industries page and the new US Stocks Screener, in which you can easily filter via the Sectors and Sub-industries to see the component stocks and their current SATA and Mansfield RS data.
Note: The GICS Sub-industries are different to the DJ US Industry Groups used in this post, which I'm gradually retiring as the new Stage Analysis tools are developed, and will be moving this post over to the GICS Industries or Sub-Industries in the coming months.
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.