104 Dow Jones Industry Groups sorted by Relative Strength
104 Dow Jones Industry Groups sorted by Relative Strength using stockcharts SCTR score
The purpose of the 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.
100 is strongest, 0 is weakest
You can find out which stocks are in each industry group by going to https://stockcharts.com/freech... and clicking on the name of the group
1 week, 2 week, 4 week and 12 week RS changes
1 week RS Strength in numerous Energy and Consumer Discretionary groups over the last week. I highlighted the Renewable energy group earlier in the week, which was third strongest RS change this week https://twitter.com/Stage_Analysis/statu...0076670978 - The most relevant etf is $TAN which covers solar stocks
Another group of note this week is last years leading group $DJUSAU Automobiles, which has fallen down the RS table since February this year. But saw a 25 point jump this week back up to 13th in the RS table due to a strong week from the likes of $TSLA $F $GM $LCID
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.