We track 13 stocks in the Insurance industry (part of Financial Services), 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, 9 are still building a base; and 4 broke out but fell back below the breakout level.
The middle stock in this industry has a relative strength reading of 36 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 13 ranked stocks sit above 36 and half below. 0 stocks have a reading of 70 or higher.
2 of the 13 stocks we could measure (15%) closed above their 200-day average price — the average close over the last 200 trading sessions.