Health Services 2023-09-11: Unchanged at "WEAK" strength rating (6th strongest of 9 levels), previous move was DOWN
Bottom line: Health Services has generally been falling over the past 6 weeks.
Key stocks: UNH, TMO, ABT, SYK, MDT, ELV, ISRG, CI, BSX, BDX (top 10 by market cap).
Context: The industry has been 45% positive YTD, falling to only 16% positive over the past month.
One week, YTD, and one month reviews below, along with links to past reviews.
1 Week Detail
Overview
1 sub-industry strengthened and 1 sub-industry weakened (8 total).
Strongest at Strong rating (4th strongest of 9 levels):
1. Long Term Care Facilities, though this weakened 2 levels this past week
Weakest at Weaker rating (7th strongest):
1. Medical Labs/Research
10-Week Industry/Sub-industry Week-by-Week Comparison
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.
Historical Context - YTD and 4 week Lookbacks
Standout winners and losers for different lookback periods are shown below including their sub-industries.
YTD Lookback
4 Week Lookback
