Back in May, Mastercard (MA) returned to the Green Favored Zone of the SIA S&P 100 Index Report for the first time since October of 2020. Since then, the shares have consistently been in the lower half of the Green Zone, returning 12.9%. Yesterday, MA moved up 2 spots to 20th place.
Suncor Energy (SU.TO) has been climbing up the rankings in the SIA S&P/TSX Composite Index Report since July. Over the last two months, the shares have exited the red zone, climbed up through the yellow zone and yesterday, they returned to the Green Favored Zone for the first time since November. SU.TO is currently sitting in 56th position, up 2 spots on the day and up 87 places in the last month.
E3 Lithium (ETL.V) is the top ranked stock in the SIA S&P/TSX Venture Composite Index Report, having climbed 4 positions in the last month. Since returning to the Green Favored Zone back in July, the share price has doubled.
Google parent Alphabet Inc. (GOOG) has been steadily climbing up the rankings in the SIA S&P 100 Index Report since January. Starting deep in the red zone, by May GOOG had returned to the Green Favored Zone for the first time in a year and since then, it has gained 16.5%. On Friday, Alphabet finished in 18th position, up 6 places in the last month.
International Business Machines (IBM) spent most of a decade stuck in the Red Zone of the SIA S&P 500 Index Report between early 2013 and early 2022. In the last eighteen months, however, IBM’s relative strength has improved significantly. In the last month, IBM has broken out of a downtrend in the rankings and yesterday it returned to the Green Favored Zone for the first time since January. Yesterday it finished in 125th place, up 6 spots on the day and up 55 positions in the last month.
Capping off a year-long relative strength recovery trend that started deep in the red zone of the SIA S&P 100 Index Report, communications equipment producer Cisco Systems (CSCO) finally returned to the Green Favored Zone at yesterday’s close for the first time since August of 2019. Yesterday CSCO finished in 26th place, up 2 spots on the day and up 26 positions in the last month.
Uranium and rare earth miner Energy Fuels (EFR.TO) has been climbing back up the relative strength rankings in the SIA S&P/TSX Composite Index Report since the end of July and has climbed 118 positions in the last month. Yesterday, EFR.TO returned to the Green Favored Zone for the first time since last November after rising 21 spots to 48th place.
Accenture PLC (ACN) moved into the Favored zone of the SIA S&P 100 Index Report on May 29th and has moved up to the 23rd spot in the rankings now after the long weekend. ACN has moved up 3 spots over the last week and is up 7.77% over the last quarter and 24.28% so far YTD.
Charter Communications Inc (CHTR) has risen quickly in the SIA S&P 100 Idx Report over the last month to the 13th spot in the rankings after spending much of the last 2 years in the Unfavored zone where the stock went from $740 to around $300. CHTR moved into the Favored zone on August 15th and has risen 9 spots in the last week and 45 spots over the last month in the SIA S&P 100 Index Report.
BEI.UN.TO entered the Favored Zone of the SIA S&P/TSX Composite Index Report early this year on Jan 26, 2023, at a price of $54.64. The shares have held in the Favored zone throughout this time period and now are at $67.78 representing a 24% increase in a less than 8 months time. The shares currently occupy the #11 spot in the report.
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