SMO Exclusive: Strength Report Industry Group 1 2024-11-12 Strengthened +0.5 to 4.3 Strength Score

Brian Degracia

12 Nov 2024 • 3 min read

Industry Group 1 STRENGTHENED by 0.5 points to a composite score of 4.3, with three of five industries strengthening enough to change rating. Automotive strengthened one rating to 5Average, now tied with Energy as the lowest-rated in this grouping. Materials & Construction strengthened to 3Stronger, best in this grouping, while Transportation also strengthened (to 4Strong). Gold in Metals & Mining fell to 5Average from 3Stronger, continuing its recent weakening (see page 4.4 for details).

If you are interested in stacking strength as much as possible at the stock, sub-industry, industry, sector, and market levels, this report is for you. Below: the as of/for the week ending 11/12/24 Stock Market Organizer Industry Group 1 Strength Report, which covers the Automotive, Energy, Materials & Construction, Metals & Mining, and Transportation industries.

This industry grouping strengthened over the past week by +0.5 to a 4.3 weighted average strength rating. Much more detail in the attached including a segmenting by sub-industry of the Strongest and Weakest (in Stock Market Organizer parlance) stocks.

Materials & Construction leads this grouping at 3Stronger, with Energy and Automotive the weakest-rated in this industry grouping with a 5Average rating.