Chemical producer LyondellBasell Industries (LYB) started climbing back up the rankings in the SIA S&P 500 Index Report back in October. Its relative strength has really started to increase since it exited the red zone at the start of this year and yesterday it returned to the Green Favored Zone for the first time since June.
Starbucks (SBUX) has been steadily climbing back up the rankings in the SIA S&P 100 Index Report. Starting deep in the red zone back in June, SBUX has worked its way back up into the Green Favored Zone for the first time since the summer of 2021, and it is currently sitting in 24th place.
Casino and hotel operator MGM Resorts International (MGM) has been making its way back up the rankings in the SIA S&P 500 Index Report since August, exiting the red zone in October, and recently returning to the Green Favored Zone for the first time since March. Yesterday, MGM finished in 52nd place, up 53 spots on the day and up 211 positions in the last month.
Royal Caribbean Cruises continues to sail near the top of the Green Favored Zone of the SIA S&P 500 Index Report. Since returning to the green zone from a quick dip down into the yellow zone, the shares are up 25.5%. Yesterday, RCL climbed another 2 spots to 4th place and it is up 155 positions in the last month.
After spending nearly 18 months stuck in the red zone of the SIA S&P 500 Index Report, cruse line Carnival Corp. (CCL) has roared back to life and soared 437 spots in the relative strength rankings in the last month. CCL recently returned to the Green Favored Zone for the first time since June of 2021 and is currently sitting in 17th place.
Air Canada (AC.TO) has started to really climb up the rankings of the SIA S&P/TSX Composite Index Report since the beginning of this year. After spending 18 months stuck in the Red Zone, Air Canada has rapidly ascended through the yellow neutral zone, climbing 73 positions in the last month. After finishing in 64th place yesterday, Air Canada is currently sitting 5 spots away from the green zone.
American Express (AXP) has shot up the rankings in the SIA S&P 100 recently, jumping 45 positions in the last month. After climbing 7 spots on Friday, American Express has returned to the Green Favored Zone for the first time since May, and it is currently in 22nd place.
Constellation Software Inc. (CSU.TO) recently moved back into the Green Favored Zone of the S&P/TSX 60 Index 2 days ago ending a one year absence as the shares resided in either the Yellow Neutral or the Red Unfavored Zone since January of last year. Currently, the shares occupy the #12 spot in the S&P/TSX 60 Index, up 8 spots in the last week and 26 spots in the last quarter.
Semiconductor equipment producer Lam Research (LRCX) continues to steadily work its way up the rankings in the SIA NASDAQ 100 Index Report with a recent upswing carrying the shares back up into the Green Favored Zone for the first time since October.
NXP Semiconductors (NXPI) struggled relative to other members of the SIA NASDAQ 100 Index report through the second half of 2022. This year, it has caught fire and soared up the relative strength rankings, returning to the Green Favored Zone for the first time since June.
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