Materials & Construction (Homebuilders) strength status as of 2023-04-14?

Brian Degracia

16 Apr 2023 • 1 min read

A McMansion in process.

Current strength rating is "Strong." The industry has strengthened over the past week but weakened over the past two weeks.

Five of eight sub-industries were unchanged over the past week while the remainder all strengthened.

Homebuilders at the head of the pack

Residential Construction - AKA Homebuilders - is the star student right now with a "Very Strong" rating, per the following graphic which also shows this sub-industry's strength over the past two months:

Homebuilders have been camped out to the right (Higher Strength) over the past two months.

Homebuilders stocks closeup

Uniform strength in this sub-industry, as illustrated below.

The strong homebuilders remained strong over the past week.

Materials Construction detail (downloadable file)

Detailed stock-by-stock analysis available at the link below:

SMO Materials Construction 2023 04 14

SMO Materials Construction 2023-04-14.pdf

1 MB

Homebuilders at the head of the pack

Homebuilders stocks closeup

Materials Construction detail (downloadable file)

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