Automotive 2023-11-15: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was UP

How is TSLA's industry doing? Automotive had a healthy week, 1 week 92% positive stocks, 3/4 sub-industries strengthened.

Full details at downloadable file linked below.

What are you seeing here and why do you care? Partial listing:

🔹 An objective measurement of industry strengthening and weakening so you can objectively compare strength and weakness across/within industries and sub-industries.

🔹 A listing of stocks rated Strongest and Weakest (highest/lowest strength of 9 levels) by sub-industry, saving you significant time finding stocks that may be prone to making bigger moves faster. Stronger stocks have less overhead resistance, Weaker stocks are prone to “pops” from bargain hunting and short-covering yet due to preceding weakness are also prone to falling far and fast.