We track 6 stocks in the Agricultural, Commercial & Construction Vehicles industry (part of Capital Goods), each checked every evening for a base — a stretch where the price moves sideways in a range instead of trending.
As of the latest close, 3 are still building a base; 1 broke out of a base in the last five sessions; 1 broke out earlier and is still above the breakout level; and 1 broke out but fell back below the breakout level.
The middle stock in this industry has a relative strength reading of 61 out of 99. That reading ranks each stock's price performance over the past year against every stock we track; half of this industry's 5 ranked stocks sit above 61 and half below. 2 stocks have a reading of 70 or higher.
4 of the 6 stocks we could measure (67%) closed above their 200-day average price — the average close over the last 200 trading sessions.