The chart under is a weekly candlestick chart for the GICS Stage 1 business sector with a further panel under that shows relative power or weak point in opposition to the S&P 500 index. The vertical dashed line within the backside panel signifies the normalization date of July 1, 2025. Charts are sorted from finest to worst in comparison with the benchmark for that time period. As standard, there have been some notable relative power fluctuations because the normalization date. For instance; the GICS Stage 1 Power sector was up over +42% versus the S&P 500 Index in late March, however is now up solely +1.49% versus the benchmark since this time final yr. The size on the fitting facet of the relative power panel is a share of the benchmark (though the % is omitted).
The chart is courtesy of Optuma, whose charting software program means that you can chart relative power as proven.
To obtain a 30-day trial of Optuma charting software program, please go to the next hyperlink:
www.optuma.com/TMC
