Sector Trends Struggle But Energy Is Shining

by | Aug 14, 2023

Energy is showing absolute strength and relative leadership as the market overall loses momentum

Key Takeaway: Sector level momentum trends have collapsed and breadth trends are starting to follow suit. While the market overall has struggled to keep its footing this month, Energy sector strength has persisted.

Short-term trends for Energy remain positive from a momentum, price and breadth perspective and it continues to shine in our Relative Strength Rankings (rising to its highest level since January.

Request More Info

Want to learn more about our market insights, portfolio applications, and other bespoke services?