We track 13 stocks in the Transport Services industry (part of 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, 11 are still building a base; and 2 broke out earlier and are still above the breakout level.
The middle stock in this industry has a relative strength reading of 65 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 12 ranked stocks sit above 65 and half below. 4 stocks have a reading of 70 or higher.
9 of the 12 stocks we could measure (75%) closed above their 200-day average price — the average close over the last 200 trading sessions.