We track 8 stocks in the Non - Ferrous Metals industry (part of Metals & Mining), 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, 7 are still building a base; and 1 is not in a base we recognise.
The middle stock in this industry has a relative strength reading of 66 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 6 ranked stocks sit above 66 and half below. 2 stocks have a reading of 70 or higher.
2 of the 6 stocks we could measure (33%) closed above their 200-day average price — the average close over the last 200 trading sessions.