We track 2 stocks in the Paper, Forest & Jute Products industry (part of Forest Materials), 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, 1 is still building a base; and 1 broke out earlier and is still above the breakout level.
With only 2 stocks carrying a strength reading, this industry is too small to rank against the others, so we show its members but do not compute an industry-wide reading.
2 of the 2 stocks we could measure (100%) closed above their 200-day average price — the average close over the last 200 trading sessions.