Diversified Services 2023-09-11: Unchanged at "AVERAGE" strength rating (5th strongest of 9 levels), previous move was DOWN

Diversified Services 2023-09-11: Unchanged at "AVERAGE" strength rating (5th strongest of 9 levels), previous move was DOWN
Diversified Services industry for the trading week ended 2023-09-11.

Bottom line: Diversified Services has been flat for the past month.
Key stocks: V, MC, FI, MCO, CTAS, PAYX, VRSK, GPN, URI, SBAC (top 10 by market cap).
Context: The industry has been 56% positive YTD, falling to only 30% positive over the past month.

One week, YTD, and one month reviews below, along with links to past reviews.

1 Week Detail

Overview

1 of 9 sub-industries weakened.

Strongest at Strongest rating (strongest of 9 levels):
1. Consumer Services (only 1 stock, next 2 tied at Strong/4th strongest are Education/Training and Technical Services)

Weakest at Very Weak rating (8th strongest of 9 levels):
1. Research

10-Week Industry/Sub-industry Week-by-Week Comparison

Declines showing up over the past 4 to 6 weeks in various Diversified Services sub-industries.

Individual Stock Leaders and Laggards

Current strongest and weakest stocks are shown below. These are of most interest as the downtrodden are prone to large (if perhaps temporary) pops while the strongest have been leading the charge for their sub-industries.

Current ratio of Strongest to Weakest stocks is 35:36.

Historical Context - YTD and 4 week Lookbacks

Standout winners and losers for different lookback periods are shown below including their sub-industries.

YTD Lookback

9 stocks >50% YTD led by WW +187% with 2 more stocks >+100% (CMPR and FTAI). 17 stocks (nearly 1 in 8) down more than -25%.

4 Week Lookback

0 stocks >15% over the past 4 weeks and 6 down more than -15%. 

Past Reviews

July 18 (8 weeks ago)