We track 17 stocks in the Fertilizers & Agrochemicals industry (part of Chemicals), 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, 15 are still building a base; and 2 broke out but fell back below the breakout level.
The middle stock in this industry has a relative strength reading of 22 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 16 ranked stocks sit above 22 and half below. 2 stocks have a reading of 70 or higher.
4 of the 16 stocks we could measure (25%) closed above their 200-day average price — the average close over the last 200 trading sessions.