Stage Analysis Video Training Course

US Stocks Industry Groups Relative Strength Rankings

The full post is available to view by members only. For immediate access:

US Industry Groups by Highest RS Score

Energy groups led the relative strength this week as Crude Oil had a strong rebound back towards the prior range lows, which helped the energy groups to form spring type patterns and rally strongly, with 13% to 17% moves in the leading oil groups.

Due to this, the top 10 RS rankings now has 5 energy groups. With the top 4 spots all energy.

However, the leading group Renewable Energy Equipment had a negative week, but managed to hold onto the top spot for another week. 

US Industry Groups by Weakest RS Score

The Automobiles group (heavily influenced by TSLA) was the big mover in the RS rankings at the bottom end of the scale, with it dropping 43 RS points in the last week, and moved into the bottom 10 groups.

While the bottom group Aluminium had a very strong week, as it was the second strongest percentage move at +15.89%, but still remains in bottom RS position currently in Stage 4.

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 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.

Become a Stage Analysis Member: 

To see more like this and other premium content, such as the regular US Stocks watchlist, detailed videos and intraday posts, become a Stage Analysis member.

Join Today

Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.