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US Stocks Industry Groups Relative Strength Rankings

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US Industry Groups by Highest RS Score

Below is the top 12 industry groups thumbnail charts by Relative Strength (RS) score. The majority of which saw heavily selling this week on strong relative volume – which is a Change of Behaviour in this area that's been in a strong Stage 2 advance, while the majority of the market has been floundering in Stage 3 and Stage 4.

Hence it asks the question of whether this Change of Behaviour was strategic profit taking in extended groups, or a potential Buying Climax, which could signal a potential Change of Character in these groups, and could see Stage 2 failure in a number of them if that is the case. So, it's a going to be a key area to watch for further evidence in the coming week, as the money can flow out of the leading stocks rapidly when the sentiment turns. So the Change of Behaviour at the very least suggests raised caution levels. But I'll go through these in more detail in the weekend video.

104 Dow Jones 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 breakout 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.