The RRC Rank uses RS Ratio and RS Momentum indicators to assess a stock’s relative strength against a benchmark index; the RS Rating, a numerical percentile score over the last 12 months, helps investors identify top-performing stocks with 99 indicating the highest relative strength, enabling consistent market outperformance
This functionality, pertaining to Relative Rotational Charts (RRC), was enhanced in January 2024.
The RRC Rank uses RS Ratio and RS Momentum indicators to assess a stock’s relative strength against a benchmark index; the RS Rating, a numerical percentile score over the last 12 months, helps investors identify top-performing stocks with 99 indicating the highest relative strength, enabling consistent market outperformance
This functionality, pertaining to Relative Rotational Charts (RRC), was enhanced in January 2024.
Relative Rotational charts are a powerful tool in assessing how securities compare in terms of their relative strength (RS Ratio) and momentum (RS Momentum), and the RRC Rank function uses these indicators to rank a stock’s relative strength against peers and a benchmark index
This functionality, pertaining to Relative Rotational Charts (RRC), was enhanced in January 2024.
The Relative Strength Matrix empowers traders by offering a clear and structured way to identify assets that outperform their peers; this leads to more informed trading decisions and the potential for improved returns, making it an indispensable tool in the world of technical analysis
The RS Rating assists investors in pinpointing top-performing stocks with the potential for significant price growth, while the RS Ratio facilitates comparative strength analysis, offering a clear assessment of a security’s performance relative to another and highlighting the stronger option
Sectoral Rotation, or Relative Rotational charts, are a powerful visual tool in assessing how different sectors within a portfolio compare in terms of their relative strength and momentum; it’s easier to spot which sectors are getting stronger or weaker compared to a benchmark, thus highlighting possible changes in market leadership and trends in asset performance
In a future version of ChartAlert, users can look forward to the introduction of “Relative Rotational Charts.”
However, before delving into these innovative charts, it’s worth noting that the essential components for creating them — namely, the “RS-Ratio” and “RS-Momentum” indicators — have debuted in October 2023.