RE: Sector Focus: UK Homebuilders
(2019-12-26, 03:02 PM)isatrader Wrote: The UK homebuilder stocks have shown some of the best relative performance in the UK market over the last few months, and a number of them have managed to make new Stage 2 continuation breakouts to new highs on increased volume following the election result. So I thought it was worth highlighting the sector for further research as I'm considering investing in the sector in the new year via my SIPP pension account
The tickers are: AIEA.L, BDEV.L, BWY.L, BKG.L, BVS.L, CHH.L, CSP.L, CRL.L, CRST.L, EVE.L, HEAD.L, JLH.L, MCS.L, GLE.L, PSN.L, PMP.L, RDW.L, SPR.L, TW.L, TRAF.L, VCP.L, WGB.L, WJG.L
To see the monthly charts go to the post in the blog section here: https://www.stageanalysis.net/blog/11364...mebuilders
I thought I'd plot a breadth chart. The sector index, NMX3720, seems to include household goods as well as house builders. The index seems to have a strange mix of house builders and also household goods. Note the breadth chart is build from a small sample of stocks and, as usual, I make no claims for its accuracy.