We track 24 stocks in the Healthcare Services industry (part of Healthcare), 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, 19 are still building a base; 1 broke out of a base in the last five sessions; 3 broke out earlier and are 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 57 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 21 ranked stocks sit above 57 and half below. 6 stocks have a reading of 70 or higher.
16 of the 21 stocks we could measure (76%) closed above their 200-day average price — the average close over the last 200 trading sessions.