US Stocks Industry Groups Relative Strength Rankings

US Industry Groups by Highest RS Score

Oil Equipment & Services ($DJUSOI) has completed its rise to the top of the Industry Groups Relative Strength Rankings this week, with a +94 RS point gain since its low in mid May. However, it did close down this week with the majority of other groups in the market, with less than 10% achieving a positive close, and Crude Oil Futures (CL) finished the week flat with +0.01% move.

Insurance groups have become a major theme in the top 20, with five insurance groups now present. Highlighting the defensive nature of the current tape, as money has rotated into these slower moving areas of the market. 

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.