RE: Stage Analysis Beginners Questions
Hi David,
I hope you`re doing fine.
Currently i am working on Industry Group Relative Strength Table similar to yours (104 Dow Jones Sector Industry Groups sorted by Relative Strength - Stage Analysis).
In my opinion the most important time frames for defining the RS are the 1-week, 1-month, 3-months and the 1-year period. Do you agree (i know, everyone has a quite different view on such subjective topics)?
I am wondering how you calculate the RS of the industry groups in your Google Sheet Table (you name it "RS Score"). I guess, it is not the SCTR score from stockcharts.com, is it? If it is, how do you import the SCTR into Google Sheets? If it is NOT, do you mind to tell us, how you calculate the RS score?
I would really appreciate your answers, David!
Greetings from germany and a nice weekend!