Computer Software strength status as of 2023-04-17?

Brian Degracia

18 Apr 2023 • 1 min read

This is the ChatGPT prompt for a "Computer Software" blog post introductory graphic. OK, not really.

To steal from a famous Kinks song, Computer Software is a "mixed up, muddled up, shook up world" (except for Lola).

Though the industry was unchanged on the week, the sub-industries were a mix of strengtheners, weakeners, and unchanged players.

Computer Software has Average strength.

The strongest sub-industries are Multimedia & Graphics Software and Technical System Software. The following reveals their underlying stock-by-stock detail:

These are the component stocks for the two strongest Computer Software sub-industries.

Note that Technical & System Software leader National Instruments/NATI reached an agreement last week to be acquired by Emerson Electric, explaining its strong one-week gain.

Industry Overview Snapshot

If you currently have no available capital the following is of academic interest only. Those with available capital will be interested in the strengthening sub-industries and either/both the weakest and strongest individual stocks in these sub-industries. The strongest stocks are the leaders making the sub-industries "strengthening." The weakest stocks are prone to big "pops" due to shorts covering and value investors finding bargains. Just don't marry a stock you should just date.

A summary analysis chock full of strengthening and weakening information to help you quickly decide where it is best to focus your efforts.

Downloadable file

Stock-by-stock details are available at the following linked file:

SMO Computer Software 2023 04 17

SMO Computer Software 2023-04-17.pdf

2 MB

Industry Overview Snapshot

Downloadable file

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