Computer Software & Services 2023-10-19: Unchanged at AVERAGE strength rating (5th strongest of 9 levels), previous move was UP

Brian Degracia

19 Oct 2023 • 1 min read

Computer Software & Services Industry UNCHANGED trading week ended 2023-10-19. 2/8 sub-industries strengthened and 1/8 sub-industries weakened.

MSFT is rated Strongest (1st strongest of 9 levels) in the Application Software sub-industry rated Average (5th of 9 levels).

Full details in the downloadable report linked below.

SMO Software 2023-10-19 Final

SMO Software 2023-10-19 Final.pdf

3 MB

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.

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