Broad Line Semis still strong 2023-04-05 but have weakened

Never a prediction, always a measurement... the Semiconductors - Broad Line sub-industry has objectively weakened. This applies over one- and two-week periods, and over one- and two-month perspectives.

No idea if this will continue. No one else does either.

Perhaps the four strongest - Broadcom/AVGO, ASE Industrial Holding Co./ASX, Texas Instruments/TXN, and Advanced Micro Devices/AMD will hold fast and lead this sub-industry back into the "strengthening" column.

It is possible this is providing interested parties the chance to buy more of their favorites at more favorable pricing.

Feast or Famine in Specialized Semiconductors

NVIDIA Corporation/NVDA retains its "Strongest" rating along with four others but there is a material cohort of Very Weak/Weakest stocks in this sub-industry.

Since this sub-industry has weakened, there are no potential purchases now.

Downloadable report

Below is a link to download the detailed Electronics industry stock-by-stock report. Scan the detail portion and you'll clearly see the redness over the past week.