MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength1

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

1 1 1

2 2 2

3 3 3

1 2 3

1 2 3

1 2 3

PRICE

TREND

1 = Up 2 = Neutral 3 = Down

Price Trend versus Relative Strength

RELATIVE STRENGTH

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength2

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

International Flavors & Fragrances

International Flavors & Fragrances

Relative Strength - International Flavors & Fragrances : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength3

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

International Game Technology

International Game Technology

Relative Strength - International Game Technology : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength4

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Edison International

Edison International

Relative Strength - Edison : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength5

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

International Paper

Relative Strength - International Paper : S&P500

International Paper

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength6

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones US Select Home Construction Index

Dow Jones US Home Construction Index

Home Construction Index - MACD

Relative Strength - Home Construction : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength7

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones US Electric Components & Electrical Equipment Index

Electric Components & Electrical Equipment Index

Relative Strength - Elec. Comp. & Elec. Equip. Index : S&P500

StockCharts.com

Elec. Comp. & Elec. Equip. Index - MACD

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength8

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones Wilshire US Insurance Index

DJW US Insurance Index

DJW US Insurance Index - MACD

Relative Strength - DJW US Insurance Index : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength9

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones US Mining Index

Relative Strength - Dow Jones US Mining Index : S&P500

Dow Jones US Mining Index

Dow Jones US Mining Index - MACD

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength10

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones US Food & Beverage Index

Relative Strength - DJ Food & Beverage Index : S&P500

Dow Jones US Food & Beverage Index

Dow Jones US Food & Beverage Index - MACD

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength11

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones US Oil & Gas Producers Index

Dow Jones US Oil & Gas Producers Index

Relative Strength - DJ US Oil & Gas Producers Index : S&P500

Dow Jones US Oil & Gas Producers Index - MACD

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength12

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones Wilshire US Telecommunications Index

DJW US Telecommunications Index

DJW US Telecommunications Index - MACD

Relative Strength - DJW US Telecommunications : S&P500

StockCharts.com

MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007

Lecture 9 - Relative Strength13

This lecture series is produced by the Market Technicians Association

Educational Foundationbased on the detailed class notes

of Charles D. Kirkpatrick II, CMT Copyright © 2007.

All rights are reserved.

Dow Jones Industrial Average

Dow Jones Industrial Average

Capital Goods : Consumer GoodsCapital Goods

Outperformance Consumer Goods Outperformance

StockCharts.com