Utilities Sector

Utilities RS/RSI Chart

Utilities RS/RSI Snapshot

Relative Strength Index is a long standing technical analysis tool developed and introduced by J. Welles Wilder in 1978 as a momentum indicator utilizing the traditional 70/30 overbought and oversold levels.  From there, Andrew Cardwell took hold and studied the indicator vigorously to find it not only helped to identify the relative momentum on the way up and the way down, it also is an excellent trend following indicator once you learn how to use it to its fullest extent.

What am I looking at?  Here is a quick video rundown of what you will find on this page and why it helps

Utilities Breadth Chart

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Utilities Breadth Snapshot

Market Breadth is one of the more traditional ways of measuring broad market participation to help gauge the health of the equity markets.  Over the years it has lost some of its following to new and more shiny (complicated) market indicators, but it has never lost its usefulness.  In developing the relative strength process, I added breadth measures as a relative strength pillar by comparing the breadth across the sectors and subsectors to measure relative participation levels.  This chart and snapshot set is a compilation of the most common breadth indicators I have used and shared over more than a decade to give you a one stop rundown of participation.

Percentage Making New Highs/Lows

Percentage Making New Highs and New Lows is a unique way to look at a short term breadth extreme in any segment of the equity markets on both the upside and the downside.  Looking over this chart for just a few seconds quickly reveals when a large enough portion of the stocks in any segment are hitting these levels they tend to be near short term inflection points.  This is a complement to our other short term breadth measures above.

Utilities Relative Comparative

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Relative Comparative Charts are another important pillar in the search for relative strength and also one of the simplest.  All you do is divide the index we are looking at by the comparative index.  If it is going up, the index on this page is leading.  If going down, it is lagging, just that simple.  This chart compares the page’s equal weight index to all of the relevant indexes to our process.

Utilities Subsector Relative Strength Rankings

Subsector Relative Strength Rankings show up on the sector pages only focusing on just the subsectors within the sector you are reviewing to find the strongest and weakest just within that particular sector.

Utilities ETF Relative Strength Rankings

Sector ETF Relative Strength Rankings is found on every sector page and allows us to quickly rank and review all of the ETFs both broad and focused themes that fall within each sector. This provides one of the best views of what themes are working below the surface of the sectors we are interested in.

Utilities Stock Relative Strength Rankings

Stock Relative Strength Rankings can be found at the bottom of every sector and subsector and ranks all of the securities within that particular segment.   This is why the RS rankings differ when you look at them on the universe, sector and then subsector levels.  This list gives you the strength, weakness and RS Movers to sort and find the best opportunities within the best sectors or subsectors.