Hamilton steelmaker Stelco Holdings (STLC.TO) has seen its relative strength within the SIA S&P/TSX Composite Index Report improve dramatically in the last few weeks. Stelco started the year off strong, spending the first three months up in the Green Favored Zone, then drifted down into the red zone through the summer.
In the last month, Stelco has climbed 141 positions to 26th place, exiting the red zone, returning to the Green Favored Zone for the first time since March, and continuing to trend upward in the relative strength rankings.
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