US Stocks Industry Groups Relative Strength Rankings
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US Industry Groups by Highest RS Score
Nonferrous Metals and Gold Mining were two of the strongest relative strength areas this week, with numerous Gold, Silver, Platinum, Lithium and Copper stocks etc continuing to push to new highs in Stage 2. You can see from the Stage Analysis Screener filtered results of the Materials stocks, just how strong the sector is currently, with multiple stocks moving onto max Stage Analysis Technical Attributes (SATA) scores of 10, with very high Mansfield RS readings. highlighting their outperformance versus the S&P 500.
GATO (Gatos Silver Inc) is the current leader in the SATA rankings for the Materials sector, and has gained +82.11% year to date.
US Industry Groups by Weakest RS Score
US 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 video – as 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.