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Computer Hardware 2023-07-31: Unchanged at "Strong" strength rating (4th strongest of 9 levels), previous move was down

Brian Degracia

• 1 min read
Computer Hardware 2023-07-31: Unchanged at "Strong" strength rating (4th strongest of 9 levels), previous move was down
Computer Hardware for the trading week ending 2023-07-31. Storage strengthened while Diversified Systems and Networking/Communications Development weakened.

Here's my previous look at Computer Hardware.

I'm including this more for curiosity and as a way to keep a finger on the pulse of tech. The largest sub-industry Networking & Communications Development weakened this past week and has been flip-flopping over the past 8 weeks. Leaders and Laggards below shows only one stock rated Weakest, out of 32 stocks in the industry. This unlucky stock is SILC/Silicom Ltd. which fell 24% last week.

Computer Hardware has been hovering in the Strong range for the past 8 weeks.

Leaders and Laggards

Current strongest and weakest stocks are shown below. These are of most interest as the downtrodden are prone to large (if perhaps temporary) pops while the strongest have been leading the charge for their sub-industries.

SILC/Silicom Ltd. fell 25% July 31, 2023 and thus became the sole Weakest stock in the Computer Hardware industry.

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