Sector Performance Indicator is by default suitable for Indian stock market "NSE" (User can change to their respective stock exchange)
This Indicator will help you in identifying the Strongest Sector which are out performing the Broader Market index
Sectors with RS line above 1 are outperforming the Broader Market index where as the Sectors With RS line below 1 are under performing.
Note: Sectors With RS value above 1 and rising are the strongest .
This Indicator will help you in identifying the Strongest Sector which are out performing the Broader Market index
Sectors with RS line above 1 are outperforming the Broader Market index where as the Sectors With RS line below 1 are under performing.
Note: Sectors With RS value above 1 and rising are the strongest .