Electronics (Semiconductors) strength status as of 2023-04-18?

Brian Degracia

18 Apr 2023 • 1 min read

Who doesn't love CHIPS! Wait, not these kinds of chips.

Semis have been led by big cap NVIDIA Corporation/NVDA and its gaudy 146% gain since October 14, 2022. Let's follow up my last Electronics-focused post today.

Electronics WEAKENED and is of Average strength.

None of the Electronics sub-industries strengthened. All except two weakened.

Looking at various periods over the past two months, there has only been one instance of strengthening - Semiconductor Memory Chips, which has only four stocks, over the past two weeks. Otherwise, weakening or no change across the board:

Drenched in red. Weakened over the past week, Average, and no one knows when this weakening will stop. Though NVDA still cranking upward.

A different look - by sub-industry

Same information through a different lens more clearly shows the sub-industry perspective in an easy-to-compare format.

Nothing here currently of interest as there is no strengthening here.

Easy to see Semiconductor Equipment & Materials is weaker than the others (which are all the same strength), though not by much.

Downloadable detail file

Stock-by-stock analysis is available at the following link.

SMO Electronics 2023 04 18

SMO Electronics 2023-04-18.pdf

2 MB

A different look - by sub-industry

Downloadable detail file

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