Stage Analysis Report

At the end of the week with the market making new highs it felt like a lot of bear capitulation was in the air.  The market has essentially ground sideways for 6 months now but the trend has been gradual to the upside and now there is a breakout to new highs.  So being a bear has been unprofitable so far in 2014 unless you shorted the high flying sectors like Biotech, Internet, and 3D printing stocks and timed their breakdown well.

But that’s the key question I think.  If this market was really that healthy and poised for a lot more growth, why would money run so fast and furiously out of the high flying sectors?

I’m skeptical of a market running on this much complacency and suffering that much damage in certain sectors.  With that being said there’s other sectors like Semiconductors and Energy that continue to look strong.  So there’s probably no reason we couldn’t get a continued grind higher if we get a bounce in the oversold sectors combined with new highs in the strong sectors.  It’s not a market with big opportunities on the long side but it’s also not close to being a bear market yet.

Stage 1 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Lumber 33.4% 33.4% 0.0% 33.4%
Specialty Eateries 25.0% 25.0% 25.0% 25.0%

 

Stage 2 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
U.S. Sectors 0.0% 100.0% 0.0% 0.0%
Airlines 0.0% 100.0% 0.0% 0.0%
REIT – Healthcare Facilities 0.0% 100.0% 0.0% 0.0%
REIT – Hotels 0.0% 100.0% 0.0% 0.0%
REIT – Industrial 0.0% 100.0% 0.0% 0.0%
Utilities – Electric 2.5% 95.2% 0.0% 2.5%
Foreign Markets 6.3% 93.8% 0.0% 0.0%
REIT – Retail 3.3% 93.6% 0.0% 3.3%
REIT – Office 8.7% 91.4% 0.0% 0.0%
REIT – Residential 6.3% 87.5% 3.2% 3.2%
Dow Jones 0.0% 86.7% 6.7% 6.7%
Natural Gas 0.0% 85.8% 14.3% 0.0%
Trucking 5.3% 84.3% 0.0% 10.6%
Cement 0.0% 83.4% 0.0% 16.7%
Utilities – Gas 9.1% 81.9% 4.6% 4.6%
REIT – Diversified 4.8% 81.0% 7.2% 7.2%
U.S. Markets 0.0% 80.0% 20.0% 0.0%
Packaging & Containers 0.0% 80.0% 5.0% 15.0%
Railroads 6.7% 80.0% 0.0% 13.4%
Water 0.0% 80.0% 20.0% 0.0%
Emerging Markets 25.0% 75.0% 0.0% 0.0%
Semiconductors – Broad Line 4.4% 74.0% 4.4% 17.4%
Oil & Gas – Pipelines 11.4% 73.6% 3.8% 11.4%
Asset Managers 0.0% 73.4% 6.7% 20.0%
Meat Products 0.0% 71.5% 0.0% 28.6%
Utilities – Diversified 3.6% 71.5% 14.3% 10.8%
Oil & Gas – Refining 3.3% 71.0% 6.5% 19.4%
Auto Parts 0.0% 66.7% 11.2% 22.3%
Treasuries and U.S. Dollar 0.0% 66.7% 0.0% 33.4%
Waste Management 8.4% 66.7% 0.0% 25.0%
Oil & Gas – Independent 6.4% 65.9% 6.4% 21.6%
Chemicals – Specialty 2.7% 65.8% 13.2% 18.5%
Diversified Machinery 2.3% 64.5% 26.7% 6.7%
Defense and Aerospace 3.4% 63.4% 23.4% 10.0%
Oil and Gas – Drilling & Exploration 15.3% 63.1% 2.2% 19.6%
Chemicals – Major Diversified 8.4% 62.5% 20.9% 8.4%
Semiconductors – Integrated Circuits 3.2% 62.5% 12.5% 21.9%
Lodging 0.0% 61.6% 7.7% 30.8%
Information Technology Services 4.4% 60.9% 8.7% 26.1%
Oil and Gas – Equipment & Services 14.0% 60.5% 9.4% 16.3%
Agricultural Chemicals 0.0% 60.0% 13.4% 26.7%
Copper 0.0% 60.0% 0.0% 40.0%
Drugs 0.0% 57.2% 23.9% 19.1%
Commodities 8.7% 56.6% 4.4% 30.5%
Banks 0.0% 54.6% 27.3% 18.2%
Metal Fabrication 3.9% 53.9% 3.9% 38.5%
Beverages – Brewers 12.5% 50.0% 25.0% 12.5%
Farm Products 5.9% 47.1% 5.9% 41.2%
Lithium 7.7% 46.2% 15.4% 30.8%
Apparel 4.2% 45.9% 8.4% 41.7%
Farm and Construction Machinery 9.1% 45.5% 36.4% 9.1%
Restaurants 3.3% 45.2% 13.0% 38.8%
Semiconductors – Equipment & Materials 3.5% 44.9% 20.7% 31.1%
Machine Tools 11.2% 44.5% 11.2% 33.4%
Drugs Other 0.0% 42.2% 15.8% 42.2%
Autos 12.5% 37.5% 12.5% 37.5%
Heavy Construction 6.3% 37.5% 31.3% 25.0%
General Building Materials 0.0% 37.1% 26.0% 37.1%
Clean Energy 0.0% 33.4% 33.4% 33.4%
Foreign Currencies 14.3% 28.6% 28.6% 28.6%

 

Stage 3 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Brokers 0.0% 28.6% 42.9% 28.6%
Steel & Iron 5.6% 27.8% 33.4% 33.4%

 

Stage 4 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Short Index ETFs 0.0% 0.0% 0.0% 100.0%
Graphite 0.0% 7.7% 0.0% 92.4%
Precious Metals Miners 0.0% 11.9% 13.6% 74.6%
Precious Metals 0.0% 28.6% 0.0% 71.5%
3D Printing 0.0% 14.3% 14.3% 71.5%
Technical & System Software 0.0% 17.7% 11.8% 70.6%
Canadian Precious Metals Miners 12.2% 9.1% 9.1% 69.7%
Coal 11.2% 22.3% 0.0% 66.7%
Home Furnishings 0.0% 33.4% 0.0% 66.7%
Jewelry 0.0% 33.4% 0.0% 66.7%
Apparel Stores 5.3% 29.0% 0.0% 65.8%
Application Software 2.9% 22.6% 11.3% 63.4%
Industrial Metals And Minerals 7.2% 25.0% 9.0% 59.0%
Data Storage 0.0% 36.4% 9.1% 54.6%
Networking & Communication Devices 0.0% 20.0% 26.7% 53.4%
Grocery Stores 0.0% 47.1% 0.0% 53.0%
Homebuilders 6.3% 43.8% 0.0% 50.0%
Semiconductors – Specialized 0.0% 42.9% 9.6% 47.7%
Internet 0.0% 36.9% 15.8% 47.4%
Shipping 3.3% 38.8% 13.0% 45.2%
Paper 0.0% 35.8% 21.5% 42.9%
Solar 0.0% 28.6% 28.6% 42.9%
Biotech 0.0% 35.0% 23.4% 41.7%
Business Software 7.9% 36.9% 15.8% 39.5%

 

Strengthening Markets

Market 4->1 1->2 2->3 3->4
Specialty Eateries 25.0% 0.0% 0.0% 0.0%
Restaurants 3.3% 19.4% 0.0% 0.0%
Homebuilders 6.3% 12.5% 0.0% 0.0%
Chemicals – Specialty 2.7% 13.2% 0.0% 0.0%
Semiconductors – Equipment & Materials 3.5% 10.4% 0.0% 3.5%
Asset Managers 0.0% 13.4% 0.0% 0.0%
Oil and Gas – Drilling & Exploration 8.7% 4.4% 0.0% 4.4%
Semiconductors – Broad Line 4.4% 8.7% 0.0% 0.0%
Foreign Markets 6.3% 6.3% 0.0% 0.0%
REIT – Residential 6.3% 6.3% 0.0% 3.2%
Farm Products 5.9% 5.9% 0.0% 5.9%
Machine Tools 11.2% 0.0% 0.0% 0.0%
Internet 0.0% 10.6% 0.0% 0.0%
Biotech 0.0% 10.0% 3.4% 3.4%
Semiconductors – Integrated Circuits 3.2% 6.3% 3.2% 0.0%
Data Storage 0.0% 9.1% 0.0% 0.0%
Farm and Construction Machinery 9.1% 0.0% 0.0% 0.0%
Information Technology Services 4.4% 4.4% 0.0% 0.0%
REIT – Office 0.0% 8.7% 0.0% 0.0%
Metal Fabrication 0.0% 7.7% 0.0% 0.0%
General Building Materials 0.0% 7.5% 3.8% 0.0%
Oil and Gas – Equipment & Services 2.4% 4.7% 0.0% 2.4%
REIT – Retail 0.0% 6.5% 0.0% 0.0%
Auto Parts 0.0% 5.6% 0.0% 0.0%
Apparel Stores 2.7% 2.7% 0.0% 0.0%
Packaging & Containers 0.0% 5.0% 0.0% 0.0%
Utilities – Gas 0.0% 4.6% 0.0% 0.0%
Chemicals – Major Diversified 0.0% 4.2% 0.0% 0.0%
Oil & Gas – Independent 3.8% 0.0% 0.0% 1.3%
Oil & Gas – Pipelines 1.9% 1.9% 0.0% 0.0%
Utilities – Diversified 3.6% 0.0% 0.0% 0.0%
Utilities – Electric 0.0% 2.5% 0.0% 0.0%

 

Weakening Markets

Market 4->1 1->2 2->3 3->4
Clean Energy 0.0% 0.0% 0.0% 16.7%
Short Index ETFs 0.0% 0.0% 0.0% 16.7%
Foreign Currencies 0.0% 0.0% 0.0% 14.3%
Meat Products 0.0% 0.0% 0.0% 14.3%
3D Printing 0.0% 0.0% 0.0% 14.3%
Coal 0.0% 0.0% 0.0% 11.2%
Industrial Metals And Minerals 1.8% 0.0% 0.0% 7.2%
Solar 0.0% 0.0% 0.0% 7.2%
Agricultural Chemicals 0.0% 0.0% 6.7% 0.0%
Networking & Communication Devices 0.0% 0.0% 0.0% 6.7%
Canadian Precious Metals Miners 6.1% 0.0% 3.1% 3.1%
Technical & System Software 0.0% 0.0% 0.0% 5.9%
Steel & Iron 0.0% 0.0% 0.0% 5.6%
Business Software 2.7% 0.0% 2.7% 2.7%
Precious Metals Miners 0.0% 0.0% 5.1% 0.0%
Drugs 0.0% 0.0% 0.0% 4.8%
Semiconductors – Specialized 0.0% 0.0% 0.0% 4.8%
Application Software 1.5% 1.5% 1.5% 2.9%
Commodities 0.0% 0.0% 0.0% 4.4%
Dow Jones 0.0% 0.0% 0.0% 3.4%
Oil & Gas – Refining 0.0% 0.0% 3.3% 0.0%
Shipping 0.0% 0.0% 0.0% 3.3%

 

Stage Analysis: U.S. Markets

Ticker Stage Weeks Links
QQQ 2 6 D   W   F   Y   G
IYT 2 77 D   W   F   Y   G
DIA 2 78 D   W   F   Y   G
SPY 2 80 D   W   F   Y   G
IWM 3 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 80.0% 20.0% 0.0%

 

Stage Transitions: U.S. Markets

Ticker From To Links

 

Stage Analysis: U.S. Sectors

Ticker Stage Weeks Links
XLY 2 2 D   W   F   Y   G
XLP 2 15 D   W   F   Y   G
XLE 2 16 D   W   F   Y   G
XLU 2 22 D   W   F   Y   G
XLB 2 48 D   W   F   Y   G
IYZ 2 63 D   W   F   Y   G
XLK 2 73 D   W   F   Y   G
XLI 2 81 D   W   F   Y   G
XLF 2 98 D   W   F   Y   G
XLV 2 131 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 100.0% 0.0% 0.0%

 

Stage Transitions: U.S. Sectors

Ticker From To Links

 

Stage Analysis: Foreign Markets

Ticker Stage Weeks Links
EWJ 1 1 D   W   F   Y   G
EWO 2 1 D   W   F   Y   G
EWS 2 7 D   W   F   Y   G
EWH 2 9 D   W   F   Y   G
EWA 2 15 D   W   F   Y   G
EWC 2 17 D   W   F   Y   G
EWI 2 45 D   W   F   Y   G
EWK 2 46 D   W   F   Y   G
EWP 2 46 D   W   F   Y   G
EWD 2 47 D   W   F   Y   G
EWU 2 47 D   W   F   Y   G
EFA 2 48 D   W   F   Y   G
EWG 2 48 D   W   F   Y   G
EWQ 2 92 D   W   F   Y   G
EWN 2 93 D   W   F   Y   G
EWL 2 95 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.3% 93.8% 0.0% 0.0%

 

Stage Transitions: Foreign Markets

Ticker From To Links
EWJ 4 1 D   W   F   Y   G
EWO 3 2 D   W   F   Y   G

 

Stage Analysis: Emerging Markets

Ticker Stage Weeks Links
RBL 1 2 D   W   F   Y   G
FXI 1 3 D   W   F   Y   G
ECH 1 8 D   W   F   Y   G
EWW 2 3 D   W   F   Y   G
EWZ 2 6 D   W   F   Y   G
EEM 2 8 D   W   F   Y   G
IDX 2 9 D   W   F   Y   G
EWY 2 10 D   W   F   Y   G
EWM 2 10 D   W   F   Y   G
EZA 2 13 D   W   F   Y   G
EWT 2 15 D   W   F   Y   G
INDY 2 15 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
25.0% 75.0% 0.0% 0.0%

 

Stage Transitions: Emerging Markets

Ticker From To Links

 

Stage Analysis: Foreign Currencies

Ticker Stage Weeks Links
FXC 1 4 D   W   F   Y   G
FXA 2 7 D   W   F   Y   G
FXB 2 38 D   W   F   Y   G
FXE 3 3 D   W   F   Y   G
FXF 3 3 D   W   F   Y   G
FXY 4 1 D   W   F   Y   G
FXS 4 6 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
14.3% 28.6% 28.6% 28.6%

 

Stage Transitions: Foreign Currencies

Ticker From To Links
FXY 1 4 D   W   F   Y   G

 

Stage Analysis: Agricultural Chemicals

Ticker Stage Weeks Links
IPI 2 3 D   W   F   Y   G
SYT 2 4 D   W   F   Y   G
MOS 2 7 D   W   F   Y   G
YONG 2 10 D   W   F   Y   G
POT 2 11 D   W   F   Y   G
SMG 2 13 D   W   F   Y   G
CF 2 37 D   W   F   Y   G
MON 2 38 D   W   F   Y   G
DD 2 66 D   W   F   Y   G
UAN 3 1 D   W   F   Y   G
AGU 3 2 D   W   F   Y   G
MBII 4 14 D   W   F   Y   G
AVD 4 25 D   W   F   Y   G
TNH 4 38 D   W   F   Y   G
RNF 4 56 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 60.0% 13.4% 26.7%

 

Stage Transitions: Agricultural Chemicals

Ticker From To Links
UAN 2 3 D   W   F   Y   G

 

Stage Analysis: Airlines

Ticker Stage Weeks Links
UAL 2 2 D   W   F   Y   G
JBLU 2 3 D   W   F   Y   G
LUV 2 39 D   W   F   Y   G
DAL 2 78 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 100.0% 0.0% 0.0%

 

Stage Transitions: Airlines

Ticker From To Links

 

Stage Analysis: Apparel

Ticker Stage Weeks Links
PERY 1 3 D   W   F   Y   G
UA 2 1 D   W   F   Y   G
PVH 2 5 D   W   F   Y   G
GIL 2 6 D   W   F   Y   G
SQBG 2 14 D   W   F   Y   G
COLM 2 34 D   W   F   Y   G
SGC 2 44 D   W   F   Y   G
VFC 2 69 D   W   F   Y   G
CRWS 2 69 D   W   F   Y   G
KATE 2 78 D   W   F   Y   G
GIII 2 95 D   W   F   Y   G
HBI 2 105 D   W   F   Y   G
CRI 3 1 D   W   F   Y   G
EVK 3 4 D   W   F   Y   G
OXM 4 5 D   W   F   Y   G
UNF 4 6 D   W   F   Y   G
DLA 4 7 D   W   F   Y   G
ZQK 4 8 D   W   F   Y   G
ZA 4 8 D   W   F   Y   G
JOEZ 4 9 D   W   F   Y   G
RL 4 20 D   W   F   Y   G
XNY 4 24 D   W   F   Y   G
LULU 4 30 D   W   F   Y   G
APP 4 41 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.2% 45.9% 8.4% 41.7%

 

Stage Transitions: Apparel

Ticker From To Links
UA 3 2 D   W   F   Y   G
CRI 2 3 D   W   F   Y   G

 

Stage Analysis: Apparel Stores

Ticker Stage Weeks Links
CBK 1 1 D   W   F   Y   G
ANF 1 15 D   W   F   Y   G
SMRT 2 1 D   W   F   Y   G
GPS 2 4 D   W   F   Y   G
LB 2 4 D   W   F   Y   G
CATO 2 4 D   W   F   Y   G
MW 2 5 D   W   F   Y   G
CTRN 2 7 D   W   F   Y   G
ANN 2 13 D   W   F   Y   G
JWN 2 15 D   W   F   Y   G
LUX 2 18 D   W   F   Y   G
GCO 2 34 D   W   F   Y   G
JOSB 2 35 D   W   F   Y   G
BKE 4 2 D   W   F   Y   G
CHKE 4 2 D   W   F   Y   G
BEBE 4 4 D   W   F   Y   G
SSI 4 5 D   W   F   Y   G
ROST 4 6 D   W   F   Y   G
FRAN 4 11 D   W   F   Y   G
DEST 4 11 D   W   F   Y   G
SCVL 4 12 D   W   F   Y   G
WACLY 4 13 D   W   F   Y   G
CACH 4 13 D   W   F   Y   G
ASNA 4 14 D   W   F   Y   G
PLCE 4 14 D   W   F   Y   G
CHS 4 15 D   W   F   Y   G
DSW 4 16 D   W   F   Y   G
GES 4 19 D   W   F   Y   G
DXLG 4 19 D   W   F   Y   G
PSUN 4 21 D   W   F   Y   G
EXPR 4 23 D   W   F   Y   G
NWY 4 27 D   W   F   Y   G
TLYS 4 28 D   W   F   Y   G
WTSL 4 33 D   W   F   Y   G
URBN 4 37 D   W   F   Y   G
ARO 4 44 D   W   F   Y   G
BODY 4 45 D   W   F   Y   G
AEO 4 60 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.3% 29.0% 0.0% 65.8%

 

Stage Transitions: Apparel Stores

Ticker From To Links
CBK 4 1 D   W   F   Y   G
SMRT 4 2 D   W   F   Y   G

 

Stage Analysis: Application Software

Ticker Stage Weeks Links
NUAN 1 1 D   W   F   Y   G
RP 1 2 D   W   F   Y   G
MSCI 2 1 D   W   F   Y   G
ADBE 2 2 D   W   F   Y   G
AGYS 2 2 D   W   F   Y   G
INTU 2 3 D   W   F   Y   G
FTNT 2 3 D   W   F   Y   G
MSTR 2 4 D   W   F   Y   G
AVG 2 11 D   W   F   Y   G
NSIT 2 17 D   W   F   Y   G
CDNS 2 18 D   W   F   Y   G
AMAP 2 19 D   W   F   Y   G
DBD 2 28 D   W   F   Y   G
ORCL 2 36 D   W   F   Y   G
QADA 2 38 D   W   F   Y   G
SYNA 2 39 D   W   F   Y   G
LOGM 2 53 D   W   F   Y   G
OTEX 2 59 D   W   F   Y   G
PLUS 3 1 D   W   F   Y   G
MCRS 3 2 D   W   F   Y   G
QLYS 3 2 D   W   F   Y   G
DWRE 3 3 D   W   F   Y   G
ICGE 3 3 D   W   F   Y   G
MGIC 3 3 D   W   F   Y   G
MANH 3 6 D   W   F   Y   G
LXFT 3 13 D   W   F   Y   G
CRM 4 1 D   W   F   Y   G
VRNG 4 1 D   W   F   Y   G
SWI 4 3 D   W   F   Y   G
SAAS 4 3 D   W   F   Y   G
SAP 4 4 D   W   F   Y   G
PFPT 4 4 D   W   F   Y   G
WDAY 4 5 D   W   F   Y   G
RHT 4 5 D   W   F   Y   G
DATA 4 5 D   W   F   Y   G
LOCK 4 5 D   W   F   Y   G
TYPE 4 5 D   W   F   Y   G
GUID 4 5 D   W   F   Y   G
NQ 4 6 D   W   F   Y   G
KEYW 4 6 D   W   F   Y   G
SQI 4 6 D   W   F   Y   G
SPLK 4 7 D   W   F   Y   G
MKTO 4 7 D   W   F   Y   G
SNCR 4 7 D   W   F   Y   G
CVT 4 7 D   W   F   Y   G
ECOM 4 7 D   W   F   Y   G
EOPN 4 7 D   W   F   Y   G
FEYE 4 7 D   W   F   Y   G
ELLI 4 8 D   W   F   Y   G
CSOD 4 9 D   W   F   Y   G
ADVS 4 9 D   W   F   Y   G
IMPV 4 9 D   W   F   Y   G
SPSC 4 9 D   W   F   Y   G
PRO 4 10 D   W   F   Y   G
FLTX 4 11 D   W   F   Y   G
MRIN 4 11 D   W   F   Y   G
BSFT 4 12 D   W   F   Y   G
EGOV 4 14 D   W   F   Y   G
PRGS 4 14 D   W   F   Y   G
CTRX 4 15 D   W   F   Y   G
DTSI 4 15 D   W   F   Y   G
SEAC 4 15 D   W   F   Y   G
STMP 4 16 D   W   F   Y   G
BCOV 4 18 D   W   F   Y   G
BIRT 4 18 D   W   F   Y   G
TXTR 4 18 D   W   F   Y   G
CPWR 4 20 D   W   F   Y   G
CVLT 4 26 D   W   F   Y   G
RALY 4 27 D   W   F   Y   G
BV 4 30 D   W   F   Y   G
JIVE 4 43 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.9% 22.6% 11.3% 63.4%

 

Stage Transitions: Application Software

Ticker From To Links
NUAN 4 1 D   W   F   Y   G
MSCI 3 2 D   W   F   Y   G
PLUS 4 3 D   W   F   Y   G
CRM 3 4 D   W   F   Y   G
VRNG 3 4 D   W   F   Y   G

 

Stage Analysis: Asset Managers

Ticker Stage Weeks Links
BX 2 1 D   W   F   Y   G
AMG 2 1 D   W   F   Y   G
BLK 2 2 D   W   F   Y   G
BEN 2 5 D   W   F   Y   G
AMP 2 6 D   W   F   Y   G
PFG 2 6 D   W   F   Y   G
BK 2 13 D   W   F   Y   G
IVZ 2 15 D   W   F   Y   G
TROW 2 34 D   W   F   Y   G
LAZ 2 46 D   W   F   Y   G
LM 2 75 D   W   F   Y   G
NTRS 3 7 D   W   F   Y   G
STT 4 8 D   W   F   Y   G
FIG 4 8 D   W   F   Y   G
EV 4 17 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 73.4% 6.7% 20.0%

 

Stage Transitions: Asset Managers

Ticker From To Links
BX 3 2 D   W   F   Y   G
AMG 3 2 D   W   F   Y   G

 

Stage Analysis: Autos

Ticker Stage Weeks Links
NSANY 1 3 D   W   F   Y   G
F 2 3 D   W   F   Y   G
TTM 2 17 D   W   F   Y   G
TSLA 2 21 D   W   F   Y   G
KNDI 3 6 D   W   F   Y   G
GM 4 9 D   W   F   Y   G
HMC 4 17 D   W   F   Y   G
TM 4 19 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
12.5% 37.5% 12.5% 37.5%

 

Stage Transitions: Autos

Ticker From To Links

 

Stage Analysis: Auto Parts

Ticker Stage Weeks Links
JCI 2 1 D   W   F   Y   G
FSS 2 1 D   W   F   Y   G
CAAS 2 2 D   W   F   Y   G
SMP 2 12 D   W   F   Y   G
SUP 2 13 D   W   F   Y   G
REMY 2 15 D   W   F   Y   G
PLOW 2 15 D   W   F   Y   G
LEA 2 16 D   W   F   Y   G
DAN 2 16 D   W   F   Y   G
TRW 2 17 D   W   F   Y   G
MOD 2 17 D   W   F   Y   G
CPS 2 21 D   W   F   Y   G
MTOR 2 27 D   W   F   Y   G
THRM 2 38 D   W   F   Y   G
ALSN 2 39 D   W   F   Y   G
MLR 2 49 D   W   F   Y   G
MPAA 2 57 D   W   F   Y   G
BWA 2 72 D   W   F   Y   G
TEN 2 78 D   W   F   Y   G
ALV 2 79 D   W   F   Y   G
VC 2 83 D   W   F   Y   G
STRT 2 86 D   W   F   Y   G
DLPH 2 95 D   W   F   Y   G
WBC 2 96 D   W   F   Y   G
DORM 3 4 D   W   F   Y   G
MNRO 3 4 D   W   F   Y   G
GNTX 3 10 D   W   F   Y   G
FDML 3 18 D   W   F   Y   G
QTWW 4 5 D   W   F   Y   G
AXL 4 8 D   W   F   Y   G
LKQ 4 14 D   W   F   Y   G
SRI 4 16 D   W   F   Y   G
TXIC 4 18 D   W   F   Y   G
ZX 4 28 D   W   F   Y   G
FSYS 4 31 D   W   F   Y   G
WPRT 4 43 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 66.7% 11.2% 22.3%

 

Stage Transitions: Auto Parts

Ticker From To Links
JCI 3 2 D   W   F   Y   G
FSS 3 2 D   W   F   Y   G

 

Stage Analysis: Banks

Ticker Stage Weeks Links
CMA 2 1 D   W   F   Y   G
BBT 2 2 D   W   F   Y   G
USB 2 56 D   W   F   Y   G
KEY 2 75 D   W   F   Y   G
WFC 2 76 D   W   F   Y   G
STI 2 103 D   W   F   Y   G
FITB 3 6 D   W   F   Y   G
RF 3 6 D   W   F   Y   G
JPM 3 7 D   W   F   Y   G
BAC 4 1 D   W   F   Y   G
C 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 54.6% 27.3% 18.2%

 

Stage Transitions: Banks

Ticker From To Links
CMA 3 2 D   W   F   Y   G
BAC 3 4 D   W   F   Y   G

 

Stage Analysis: Beverages – Brewers

Ticker Stage Weeks Links
CCU 1 6 D   W   F   Y   G
FMX 2 3 D   W   F   Y   G
BUD 2 15 D   W   F   Y   G
VCO 2 15 D   W   F   Y   G
TAP 2 48 D   W   F   Y   G
BORN 3 2 D   W   F   Y   G
SAM 3 4 D   W   F   Y   G
BREW 4 4 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
12.5% 50.0% 25.0% 12.5%

 

Stage Transitions: Beverages – Brewers

Ticker From To Links

 

Stage Analysis: Biotech

Ticker Stage Weeks Links
CELG 2 1 D   W   F   Y   G
REGN 2 1 D   W   F   Y   G
JAZZ 2 1 D   W   F   Y   G
NPSP 2 1 D   W   F   Y   G
IDIX 2 1 D   W   F   Y   G
BCRX 2 1 D   W   F   Y   G
BIIB 2 2 D   W   F   Y   G
MDVN 2 2 D   W   F   Y   G
EXAS 2 2 D   W   F   Y   G
SRPT 2 4 D   W   F   Y   G
GILD 2 5 D   W   F   Y   G
TECH 2 5 D   W   F   Y   G
PDLI 2 5 D   W   F   Y   G
MNKD 2 10 D   W   F   Y   G
ITMN 2 15 D   W   F   Y   G
AGIO 2 15 D   W   F   Y   G
QCOR 2 20 D   W   F   Y   G
ENTA 2 33 D   W   F   Y   G
CBPO 2 42 D   W   F   Y   G
ALXN 2 48 D   W   F   Y   G
ILMN 2 67 D   W   F   Y   G
ACOR 3 1 D   W   F   Y   G
INSY 3 1 D   W   F   Y   G
DYAX 3 2 D   W   F   Y   G
PTCT 3 2 D   W   F   Y   G
EBS 3 4 D   W   F   Y   G
CRL 3 6 D   W   F   Y   G
ARWR 3 7 D   W   F   Y   G
GEVA 3 8 D   W   F   Y   G
SGMO 3 8 D   W   F   Y   G
ANAC 3 8 D   W   F   Y   G
AMGN 3 9 D   W   F   Y   G
INCY 3 9 D   W   F   Y   G
OMED 3 9 D   W   F   Y   G
NVAX 3 10 D   W   F   Y   G
PBYI 4 1 D   W   F   Y   G
RCPT 4 1 D   W   F   Y   G
ARNA 4 2 D   W   F   Y   G
NLNK 4 3 D   W   F   Y   G
ALNY 4 4 D   W   F   Y   G
INSM 4 4 D   W   F   Y   G
CLVS 4 5 D   W   F   Y   G
PTLA 4 5 D   W   F   Y   G
SGEN 4 6 D   W   F   Y   G
ACAD 4 6 D   W   F   Y   G
NKTR 4 6 D   W   F   Y   G
BMRN 4 8 D   W   F   Y   G
VRTX 4 9 D   W   F   Y   G
HALO 4 10 D   W   F   Y   G
ARIA 4 10 D   W   F   Y   G
XOMA 4 10 D   W   F   Y   G
IMGN 4 11 D   W   F   Y   G
EXEL 4 11 D   W   F   Y   G
CLDX 4 11 D   W   F   Y   G
THRX 4 12 D   W   F   Y   G
EPZM 4 14 D   W   F   Y   G
TSRO 4 19 D   W   F   Y   G
AEGR 4 20 D   W   F   Y   G
LXRX 4 27 D   W   F   Y   G
VVUS 4 42 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 35.0% 23.4% 41.7%

 

Stage Transitions: Biotech

Ticker From To Links
CELG 4 2 D   W   F   Y   G
REGN 3 2 D   W   F   Y   G
JAZZ 3 2 D   W   F   Y   G
NPSP 3 2 D   W   F   Y   G
IDIX 3 2 D   W   F   Y   G
BCRX 3 2 D   W   F   Y   G
ACOR 4 3 D   W   F   Y   G
INSY 4 3 D   W   F   Y   G
PBYI 3 4 D   W   F   Y   G
RCPT 3 4 D   W   F   Y   G

 

Stage Analysis: Brokers

Ticker Stage Weeks Links
MS 2 2 D   W   F   Y   G
KCG 2 3 D   W   F   Y   G
ITG 2 11 D   W   F   Y   G
PJC 2 39 D   W   F   Y   G
SCHW 3 2 D   W   F   Y   G
ETFC 3 3 D   W   F   Y   G
AMTD 3 4 D   W   F   Y   G
SF 3 4 D   W   F   Y   G
OPY 3 5 D   W   F   Y   G
RJF 3 7 D   W   F   Y   G
GS 4 7 D   W   F   Y   G
CME 4 7 D   W   F   Y   G
GHL 4 8 D   W   F   Y   G
NMR 4 18 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 28.6% 42.9% 28.6%

 

Stage Transitions: Brokers

Ticker From To Links

 

Stage Analysis: Business Software

Ticker Stage Weeks Links
PEGA 1 1 D   W   F   Y   G
BLKB 1 2 D   W   F   Y   G
CTXS 1 4 D   W   F   Y   G
VRNT 2 2 D   W   F   Y   G
IRM 2 3 D   W   F   Y   G
SLH 2 3 D   W   F   Y   G
JKHY 2 4 D   W   F   Y   G
SSNC 2 4 D   W   F   Y   G
ADP 2 5 D   W   F   Y   G
AZPN 2 5 D   W   F   Y   G
FICO 2 6 D   W   F   Y   G
FFIV 2 22 D   W   F   Y   G
FORTY 2 23 D   W   F   Y   G
NTCT 2 47 D   W   F   Y   G
MSFT 2 60 D   W   F   Y   G
SPNS 2 76 D   W   F   Y   G
DOX 2 96 D   W   F   Y   G
EBIX 3 1 D   W   F   Y   G
CTSH 3 5 D   W   F   Y   G
DST 3 5 D   W   F   Y   G
DSGX 3 5 D   W   F   Y   G
SAPE 3 7 D   W   F   Y   G
EVTC 3 8 D   W   F   Y   G
CALD 4 1 D   W   F   Y   G
CSGS 4 3 D   W   F   Y   G
EPAY 4 4 D   W   F   Y   G
CA 4 5 D   W   F   Y   G
ININ 4 5 D   W   F   Y   G
SABA 4 5 D   W   F   Y   G
PRFT 4 6 D   W   F   Y   G
GWRE 4 7 D   W   F   Y   G
INFA 4 8 D   W   F   Y   G
N 4 9 D   W   F   Y   G
DWCH 4 9 D   W   F   Y   G
QLIK 4 11 D   W   F   Y   G
TNGO 4 12 D   W   F   Y   G
TIBX 4 23 D   W   F   Y   G
SREV 4 27 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.9% 36.9% 15.8% 39.5%

 

Stage Transitions: Business Software

Ticker From To Links
PEGA 4 1 D   W   F   Y   G
EBIX 2 3 D   W   F   Y   G
CALD 3 4 D   W   F   Y   G

 

Stage Analysis: Cement

Ticker Stage Weeks Links
CX 2 25 D   W   F   Y   G
TXI 2 25 D   W   F   Y   G
JHX 2 37 D   W   F   Y   G
EXP 2 38 D   W   F   Y   G
CRH 2 45 D   W   F   Y   G
CPAC 4 48 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 83.4% 0.0% 16.7%

 

Stage Transitions: Cement

Ticker From To Links

 

Stage Analysis: Chemicals – Major Diversified

Ticker Stage Weeks Links
LNDC 1 8 D   W   F   Y   G
SQM 1 15 D   W   F   Y   G
ARG 2 1 D   W   F   Y   G
FMC 2 2 D   W   F   Y   G
RTK 2 4 D   W   F   Y   G
LXU 2 11 D   W   F   Y   G
CE 2 12 D   W   F   Y   G
MTX 2 12 D   W   F   Y   G
PDH 2 15 D   W   F   Y   G
EMN 2 23 D   W   F   Y   G
REX 2 28 D   W   F   Y   G
SHLM 2 38 D   W   F   Y   G
HUN 2 39 D   W   F   Y   G
DOW 2 59 D   W   F   Y   G
ASH 2 61 D   W   F   Y   G
APD 2 76 D   W   F   Y   G
PX 2 80 D   W   F   Y   G
BCPC 3 2 D   W   F   Y   G
FF 3 3 D   W   F   Y   G
ACET 3 4 D   W   F   Y   G
BIOA 3 5 D   W   F   Y   G
ARSD 3 9 D   W   F   Y   G
BAK 4 16 D   W   F   Y   G
VHI 4 26 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
8.4% 62.5% 20.9% 8.4%

 

Stage Transitions: Chemicals – Major Diversified

Ticker From To Links
ARG 3 2 D   W   F   Y   G

 

Stage Analysis: Chemicals – Specialty

Ticker Stage Weeks Links
HWKN 1 1 D   W   F   Y   G
FUL 2 1 D   W   F   Y   G
TAM 2 1 D   W   F   Y   G
WDFC 2 1 D   W   F   Y   G
KRA 2 1 D   W   F   Y   G
OMN 2 1 D   W   F   Y   G
ROC 2 3 D   W   F   Y   G
ALB 2 10 D   W   F   Y   G
IPHS 2 15 D   W   F   Y   G
FTK 2 18 D   W   F   Y   G
PEIX 2 24 D   W   F   Y   G
OLN 2 30 D   W   F   Y   G
VAL 2 34 D   W   F   Y   G
SHW 2 37 D   W   F   Y   G
CYT 2 52 D   W   F   Y   G
CBT 2 55 D   W   F   Y   G
WLK 2 57 D   W   F   Y   G
NEU 2 64 D   W   F   Y   G
SXT 2 73 D   W   F   Y   G
GPRE 2 77 D   W   F   Y   G
SIAL 2 79 D   W   F   Y   G
RPM 2 80 D   W   F   Y   G
IFF 2 96 D   W   F   Y   G
LYB 2 100 D   W   F   Y   G
POL 2 101 D   W   F   Y   G
PPG 2 135 D   W   F   Y   G
KWR 3 2 D   W   F   Y   G
SNMX 3 4 D   W   F   Y   G
MEOH 3 5 D   W   F   Y   G
FOE 3 5 D   W   F   Y   G
GRA 3 7 D   W   F   Y   G
AMRS 4 4 D   W   F   Y   G
KRO 4 5 D   W   F   Y   G
IOSP 4 5 D   W   F   Y   G
KOP 4 5 D   W   F   Y   G
ODC 4 5 D   W   F   Y   G
OMG 4 6 D   W   F   Y   G
CHMT 4 6 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.7% 65.8% 13.2% 18.5%

 

Stage Transitions: Chemicals – Specialty

Ticker From To Links
HWKN 4 1 D   W   F   Y   G
FUL 3 2 D   W   F   Y   G
TAM 3 2 D   W   F   Y   G
WDFC 3 2 D   W   F   Y   G
KRA 3 2 D   W   F   Y   G
OMN 3 2 D   W   F   Y   G

 

Stage Analysis: Clean Energy

Ticker Stage Weeks Links
BLDP 2 23 D   W   F   Y   G
FCEL 2 34 D   W   F   Y   G
PLUG 3 3 D   W   F   Y   G
CPST 3 4 D   W   F   Y   G
HYGS 4 1 D   W   F   Y   G
QTWW 4 5 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 33.4% 33.4% 33.4%

 

Stage Transitions: Clean Energy

Ticker From To Links
HYGS 3 4 D   W   F   Y   G

 

Stage Analysis: Coal

Ticker Stage Weeks Links
KOL 1 8 D   W   F   Y   G
CNX 2 38 D   W   F   Y   G
ARLP 2 72 D   W   F   Y   G
BTU 4 1 D   W   F   Y   G
ACI 4 4 D   W   F   Y   G
ANR 4 21 D   W   F   Y   G
NRP 4 22 D   W   F   Y   G
WLT 4 22 D   W   F   Y   G
YZC 4 24 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
11.2% 22.3% 0.0% 66.7%

 

Stage Transitions: Coal

Ticker From To Links
BTU 1 4 D   W   F   Y   G

 

Stage Analysis: Commodities

Ticker Stage Weeks Links
JJM 1 7 D   W   F   Y   G
KOL 1 8 D   W   F   Y   G
PPLT 2 3 D   W   F   Y   G
GCC 2 14 D   W   F   Y   G
OIL 2 14 D   W   F   Y   G
SOYB 2 14 D   W   F   Y   G
MOO 2 14 D   W   F   Y   G
DBA 2 15 D   W   F   Y   G
PALL 2 16 D   W   F   Y   G
JO 2 16 D   W   F   Y   G
UGA 2 16 D   W   F   Y   G
COW 2 21 D   W   F   Y   G
UNG 2 25 D   W   F   Y   G
CHOC 2 43 D   W   F   Y   G
NLR 2 57 D   W   F   Y   G
BAL 3 3 D   W   F   Y   G
WEAT 4 1 D   W   F   Y   G
CORN 4 2 D   W   F   Y   G
GLD 4 5 D   W   F   Y   G
REMX 4 5 D   W   F   Y   G
SGG 4 6 D   W   F   Y   G
SLV 4 11 D   W   F   Y   G
JJC 4 19 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
8.7% 56.6% 4.4% 30.5%

 

Stage Transitions: Commodities

Ticker From To Links
WEAT 1 4 D   W   F   Y   G

 

Stage Analysis: Copper

Ticker Stage Weeks Links
FCX 2 6 D   W   F   Y   G
SCCO 2 16 D   W   F   Y   G
AZC 2 18 D   W   F   Y   G
NSU 4 5 D   W   F   Y   G
LIWA 4 15 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 60.0% 0.0% 40.0%

 

Stage Transitions: Copper

Ticker From To Links

 

Stage Analysis: Data Storage

Ticker Stage Weeks Links
STX 2 1 D   W   F   Y   G
EMC 2 21 D   W   F   Y   G
SNDK 2 39 D   W   F   Y   G
WDC 2 77 D   W   F   Y   G
BRCD 3 6 D   W   F   Y   G
DTLK 4 5 D   W   F   Y   G
TDC 4 6 D   W   F   Y   G
FIO 4 9 D   W   F   Y   G
NTAP 4 12 D   W   F   Y   G
ELX 4 24 D   W   F   Y   G
QTM 4 41 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 36.4% 9.1% 54.6%

 

Stage Transitions: Data Storage

Ticker From To Links
STX 3 2 D   W   F   Y   G

 

Stage Analysis: Defense and Aerospace

Ticker Stage Weeks Links
TGI 1 2 D   W   F   Y   G
BA 2 5 D   W   F   Y   G
SPR 2 6 D   W   F   Y   G
WWD 2 6 D   W   F   Y   G
MOG-A 2 7 D   W   F   Y   G
ERJ 2 15 D   W   F   Y   G
FLIR 2 22 D   W   F   Y   G
KAMN 2 48 D   W   F   Y   G
CAE 2 49 D   W   F   Y   G
LMT 2 65 D   W   F   Y   G
RTN 2 65 D   W   F   Y   G
ORB 2 74 D   W   F   Y   G
ESL 2 76 D   W   F   Y   G
GD 2 79 D   W   F   Y   G
ESLT 2 80 D   W   F   Y   G
COL 2 85 D   W   F   Y   G
BEAV 2 87 D   W   F   Y   G
LLL 2 93 D   W   F   Y   G
HII 2 104 D   W   F   Y   G
TDG 2 138 D   W   F   Y   G
ATK 3 2 D   W   F   Y   G
AVAV 3 2 D   W   F   Y   G
HEI 3 6 D   W   F   Y   G
ATRO 3 6 D   W   F   Y   G
HEI-A 3 7 D   W   F   Y   G
HXL 3 9 D   W   F   Y   G
XLS 3 9 D   W   F   Y   G
RGR 4 2 D   W   F   Y   G
TASR 4 2 D   W   F   Y   G
DGI 4 11 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.4% 63.4% 23.4% 10.0%

 

Stage Transitions: Defense and Aerospace

Ticker From To Links

 

Stage Analysis: Diversified Machinery

Ticker Stage Weeks Links
ATU 1 2 D   W   F   Y   G
GRC 2 2 D   W   F   Y   G
CYD 2 2 D   W   F   Y   G
DHR 2 3 D   W   F   Y   G
ETN 2 3 D   W   F   Y   G
PPO 2 3 D   W   F   Y   G
ROP 2 5 D   W   F   Y   G
DRC 2 5 D   W   F   Y   G
IR 2 6 D   W   F   Y   G
GE 2 8 D   W   F   Y   G
NDSN 2 8 D   W   F   Y   G
RBC 2 8 D   W   F   Y   G
DOV 2 14 D   W   F   Y   G
CAT 2 25 D   W   F   Y   G
XYL 2 35 D   W   F   Y   G
ZBRA 2 35 D   W   F   Y   G
SPW 2 40 D   W   F   Y   G
CMI 2 47 D   W   F   Y   G
ROK 2 48 D   W   F   Y   G
HI 2 48 D   W   F   Y   G
ITT 2 72 D   W   F   Y   G
PSIX 2 72 D   W   F   Y   G
MMM 2 79 D   W   F   Y   G
CR 2 80 D   W   F   Y   G
PLL 2 91 D   W   F   Y   G
AME 2 95 D   W   F   Y   G
CFX 2 95 D   W   F   Y   G
IEX 2 95 D   W   F   Y   G
ITW 2 97 D   W   F   Y   G
HON 2 98 D   W   F   Y   G
BWC 3 3 D   W   F   Y   G
GNRC 3 4 D   W   F   Y   G
FLS 3 5 D   W   F   Y   G
MIDD 3 5 D   W   F   Y   G
LII 3 5 D   W   F   Y   G
RXN 3 5 D   W   F   Y   G
BGG 3 5 D   W   F   Y   G
LXFR 3 5 D   W   F   Y   G
ABB 3 6 D   W   F   Y   G
JBT 3 6 D   W   F   Y   G
POWL 3 9 D   W   F   Y   G
GGG 3 11 D   W   F   Y   G
AIXG 4 4 D   W   F   Y   G
THR 4 7 D   W   F   Y   G
RAVN 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.3% 64.5% 26.7% 6.7%

 

Stage Transitions: Diversified Machinery

Ticker From To Links

 

Stage Analysis: Dow Jones

Ticker Stage Weeks Links
HD 2 2 D   W   F   Y   G
NKE 2 2 D   W   F   Y   G
VZ 2 4 D   W   F   Y   G
AXP 2 5 D   W   F   Y   G
BA 2 5 D   W   F   Y   G
CVX 2 7 D   W   F   Y   G
KO 2 7 D   W   F   Y   G
CSCO 2 8 D   W   F   Y   G
GE 2 8 D   W   F   Y   G
TRV 2 8 D   W   F   Y   G
T 2 9 D   W   F   Y   G
PG 2 9 D   W   F   Y   G
IBM 2 10 D   W   F   Y   G
WMT 2 10 D   W   F   Y   G
MCD 2 15 D   W   F   Y   G
JNJ 2 16 D   W   F   Y   G
CAT 2 25 D   W   F   Y   G
MRK 2 29 D   W   F   Y   G
XOM 2 31 D   W   F   Y   G
INTC 2 38 D   W   F   Y   G
DIS 2 39 D   W   F   Y   G
MSFT 2 60 D   W   F   Y   G
UNH 2 63 D   W   F   Y   G
DD 2 66 D   W   F   Y   G
MMM 2 79 D   W   F   Y   G
UTX 2 80 D   W   F   Y   G
JPM 3 7 D   W   F   Y   G
V 3 9 D   W   F   Y   G
PFE 4 1 D   W   F   Y   G
GS 4 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 86.7% 6.7% 6.7%

 

Stage Transitions: Dow Jones

Ticker From To Links
PFE 3 4 D   W   F   Y   G

 

Stage Analysis: Drugs

Ticker Stage Weeks Links
ABBV 2 6 D   W   F   Y   G
GSK 2 7 D   W   F   Y   G
SNY 2 11 D   W   F   Y   G
JNJ 2 16 D   W   F   Y   G
LLY 2 21 D   W   F   Y   G
GWPH 2 27 D   W   F   Y   G
MRK 2 29 D   W   F   Y   G
HZNP 2 38 D   W   F   Y   G
IPXL 2 45 D   W   F   Y   G
AZN 2 46 D   W   F   Y   G
PCRX 2 76 D   W   F   Y   G
NVS 2 101 D   W   F   Y   G
ICPT 3 6 D   W   F   Y   G
KERX 3 7 D   W   F   Y   G
BMY 3 9 D   W   F   Y   G
NBIX 3 9 D   W   F   Y   G
RMTI 3 9 D   W   F   Y   G
PFE 4 1 D   W   F   Y   G
KYTH 4 6 D   W   F   Y   G
TXMD 4 6 D   W   F   Y   G
RPTP 4 12 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 57.2% 23.9% 19.1%

 

Stage Transitions: Drugs

Ticker From To Links
PFE 3 4 D   W   F   Y   G

 

Stage Analysis: Drugs Other

Ticker Stage Weeks Links
LCI 2 3 D   W   F   Y   G
ENDP 2 4 D   W   F   Y   G
UTHR 2 5 D   W   F   Y   G
AGN 2 25 D   W   F   Y   G
TEVA 2 29 D   W   F   Y   G
NVO 2 45 D   W   F   Y   G
TARO 2 49 D   W   F   Y   G
FRX 2 78 D   W   F   Y   G
RDY 3 3 D   W   F   Y   G
DEPO 3 4 D   W   F   Y   G
CBST 3 9 D   W   F   Y   G
ISIS 4 6 D   W   F   Y   G
SGYP 4 6 D   W   F   Y   G
OREX 4 8 D   W   F   Y   G
SCMP 4 8 D   W   F   Y   G
PCYC 4 9 D   W   F   Y   G
DVAX 4 11 D   W   F   Y   G
MDCO 4 15 D   W   F   Y   G
AMRN 4 35 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 42.2% 15.8% 42.2%

 

Stage Transitions: Drugs Other

Ticker From To Links

 

Stage Analysis: Farm and Construction Machinery

Ticker Stage Weeks Links
AGCO 1 1 D   W   F   Y   G
CMCO 2 13 D   W   F   Y   G
JOY 2 17 D   W   F   Y   G
LNN 2 24 D   W   F   Y   G
DE 2 26 D   W   F   Y   G
ASTE 2 28 D   W   F   Y   G
MTW 3 2 D   W   F   Y   G
ALG 3 4 D   W   F   Y   G
GENC 3 4 D   W   F   Y   G
TEX 3 5 D   W   F   Y   G
ARTW 4 8 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.1% 45.5% 36.4% 9.1%

 

Stage Transitions: Farm and Construction Machinery

Ticker From To Links
AGCO 4 1 D   W   F   Y   G

 

Stage Analysis: Farm Products

Ticker Stage Weeks Links
LMNR 1 1 D   W   F   Y   G
CVGW 2 1 D   W   F   Y   G
SEED 2 3 D   W   F   Y   G
FDP 2 4 D   W   F   Y   G
OINK 2 8 D   W   F   Y   G
CRESY 2 9 D   W   F   Y   G
CHSCP 2 10 D   W   F   Y   G
AGRO 2 16 D   W   F   Y   G
ADM 2 71 D   W   F   Y   G
ANDE 3 4 D   W   F   Y   G
BG 4 1 D   W   F   Y   G
CQB 4 2 D   W   F   Y   G
GAGA 4 2 D   W   F   Y   G
SANW 4 3 D   W   F   Y   G
PME 4 6 D   W   F   Y   G
GRO 4 9 D   W   F   Y   G
ALCO 4 33 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.9% 47.1% 5.9% 41.2%

 

Stage Transitions: Farm Products

Ticker From To Links
LMNR 4 1 D   W   F   Y   G
CVGW 3 2 D   W   F   Y   G
BG 3 4 D   W   F   Y   G

 

Stage Analysis: General Building Materials

Ticker Stage Weeks Links
OC 2 1 D   W   F   Y   G
NCS 2 1 D   W   F   Y   G
STCK 2 2 D   W   F   Y   G
USLM 2 3 D   W   F   Y   G
AAON 2 5 D   W   F   Y   G
TGLS 2 12 D   W   F   Y   G
MLM 2 22 D   W   F   Y   G
HW 2 25 D   W   F   Y   G
NTK 2 35 D   W   F   Y   G
USCR 2 101 D   W   F   Y   G
MAS 3 1 D   W   F   Y   G
CSTE 3 3 D   W   F   Y   G
VMC 3 4 D   W   F   Y   G
TREX 3 4 D   W   F   Y   G
DOOR 3 5 D   W   F   Y   G
UFPI 3 6 D   W   F   Y   G
USG 3 7 D   W   F   Y   G
NX 4 2 D   W   F   Y   G
APOG 4 4 D   W   F   Y   G
PGTI 4 4 D   W   F   Y   G
RGSE 4 4 D   W   F   Y   G
CADC 4 4 D   W   F   Y   G
AWI 4 6 D   W   F   Y   G
BECN 4 7 D   W   F   Y   G
GFF 4 10 D   W   F   Y   G
PGEM 4 21 D   W   F   Y   G
CCCL 4 23 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 37.1% 26.0% 37.1%

 

Stage Transitions: General Building Materials

Ticker From To Links
OC 3 2 D   W   F   Y   G
NCS 3 2 D   W   F   Y   G
MAS 4 3 D   W   F   Y   G

 

Stage Analysis: Graphite

Ticker Stage Weeks Links
ZEN.V 2 10 D   W   F   Y   G
LLG.V 4 2 D   W   F   Y   G
FMS.V 4 6 D   W   F   Y   G
NGC.V 4 6 D   W   F   Y   G
NRT.V 4 22 D   W   F   Y   G
GPH.V 4 31 D   W   F   Y   G
CCB.V 4 32 D   W   F   Y   G
USGT 4 71 D   W   F   Y   G
GXY.V 4 91 D   W   F   Y   G
ELI.V 4 94 D   W   F   Y   G
SGH.V 4 94 D   W   F   Y   G
SRK.V 4 108 D   W   F   Y   G
RBW.V 4 112 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 7.7% 0.0% 92.4%

 

Stage Transitions: Graphite

Ticker From To Links

 

Stage Analysis: Grocery Stores

Ticker Stage Weeks Links
CASY 2 2 D   W   F   Y   G
IMKTA 2 4 D   W   F   Y   G
CBD 2 6 D   W   F   Y   G
SUSS 2 6 D   W   F   Y   G
SVU 2 7 D   W   F   Y   G
KR 2 14 D   W   F   Y   G
SWY 2 17 D   W   F   Y   G
DEG 2 20 D   W   F   Y   G
WMK 4 6 D   W   F   Y   G
NGVC 4 6 D   W   F   Y   G
QKLS 4 13 D   W   F   Y   G
SFM 4 14 D   W   F   Y   G
RNDY 4 16 D   W   F   Y   G
WFM 4 17 D   W   F   Y   G
VLGEA 4 25 D   W   F   Y   G
FWM 4 28 D   W   F   Y   G
TFM 4 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 47.1% 0.0% 53.0%

 

Stage Transitions: Grocery Stores

Ticker From To Links

 

Stage Analysis: Heavy Construction

Ticker Stage Weeks Links
ICA 1 3 D   W   F   Y   G
AEGN 2 13 D   W   F   Y   G
DY 2 14 D   W   F   Y   G
TPC 2 15 D   W   F   Y   G
MTRX 2 39 D   W   F   Y   G
AGX 2 40 D   W   F   Y   G
FWLT 2 43 D   W   F   Y   G
MTZ 3 2 D   W   F   Y   G
GVA 3 2 D   W   F   Y   G
ORN 3 4 D   W   F   Y   G
FLR 3 9 D   W   F   Y   G
PRIM 3 9 D   W   F   Y   G
GLDD 4 4 D   W   F   Y   G
LAYN 4 6 D   W   F   Y   G
GV 4 8 D   W   F   Y   G
STRL 4 15 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.3% 37.5% 31.3% 25.0%

 

Stage Transitions: Heavy Construction

Ticker From To Links

 

Stage Analysis: Homebuilders

Ticker Stage Weeks Links
MDC 1 1 D   W   F   Y   G
TOL 2 1 D   W   F   Y   G
MHO 2 1 D   W   F   Y   G
PHM 2 2 D   W   F   Y   G
LEN 2 3 D   W   F   Y   G
DHI 2 7 D   W   F   Y   G
GFA 2 9 D   W   F   Y   G
NVR 2 27 D   W   F   Y   G
BZH 4 5 D   W   F   Y   G
SPF 4 7 D   W   F   Y   G
RYL 4 7 D   W   F   Y   G
TMHC 4 7 D   W   F   Y   G
MTH 4 9 D   W   F   Y   G
KBH 4 10 D   W   F   Y   G
TPH 4 11 D   W   F   Y   G
HOV 4 12 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.3% 43.8% 0.0% 50.0%

 

Stage Transitions: Homebuilders

Ticker From To Links
MDC 4 1 D   W   F   Y   G
TOL 3 2 D   W   F   Y   G
MHO 4 2 D   W   F   Y   G

 

Stage Analysis: Home Furnishings

Ticker Stage Weeks Links
RH 2 2 D   W   F   Y   G
WSM 2 15 D   W   F   Y   G
HVT 4 4 D   W   F   Y   G
KIRK 4 9 D   W   F   Y   G
BBBY 4 19 D   W   F   Y   G
PIR 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 33.4% 0.0% 66.7%

 

Stage Transitions: Home Furnishings

Ticker From To Links

 

Stage Analysis: Industrial Metals And Minerals

Ticker Stage Weeks Links
UEC 1 1 D   W   F   Y   G
TC 1 4 D   W   F   Y   G
TGB 1 6 D   W   F   Y   G
TRQ 1 8 D   W   F   Y   G
HSC 2 3 D   W   F   Y   G
ZINC 2 3 D   W   F   Y   G
PVG 2 3 D   W   F   Y   G
BHP 2 11 D   W   F   Y   G
MTRN 2 14 D   W   F   Y   G
SLCA 2 15 D   W   F   Y   G
BBL 2 17 D   W   F   Y   G
TAHO 2 19 D   W   F   Y   G
CMP 2 21 D   W   F   Y   G
SWC 2 23 D   W   F   Y   G
GSM 2 37 D   W   F   Y   G
CNX 2 38 D   W   F   Y   G
HCLP 2 60 D   W   F   Y   G
ARLP 2 72 D   W   F   Y   G
RIO 3 2 D   W   F   Y   G
CLD 3 3 D   W   F   Y   G
PLM 3 3 D   W   F   Y   G
URZ 3 5 D   W   F   Y   G
ASM 3 8 D   W   F   Y   G
CCJ 4 1 D   W   F   Y   G
BTU 4 1 D   W   F   Y   G
UAMY 4 1 D   W   F   Y   G
TAS 4 1 D   W   F   Y   G
ACI 4 4 D   W   F   Y   G
MUX 4 5 D   W   F   Y   G
DNN 4 5 D   W   F   Y   G
URG 4 5 D   W   F   Y   G
PBM 4 5 D   W   F   Y   G
VALE 4 7 D   W   F   Y   G
PZG 4 8 D   W   F   Y   G
MIL 4 9 D   W   F   Y   G
RIOM 4 9 D   W   F   Y   G
AXU 4 9 D   W   F   Y   G
AXX 4 10 D   W   F   Y   G
ATL 4 11 D   W   F   Y   G
CHNR 4 11 D   W   F   Y   G
PLG 4 13 D   W   F   Y   G
EMXX 4 14 D   W   F   Y   G
URRE 4 16 D   W   F   Y   G
CLF 4 20 D   W   F   Y   G
ANR 4 21 D   W   F   Y   G
NRP 4 22 D   W   F   Y   G
WLT 4 22 D   W   F   Y   G
TCK 4 28 D   W   F   Y   G
REE 4 32 D   W   F   Y   G
AVL 4 33 D   W   F   Y   G
MCP 4 34 D   W   F   Y   G
NCQ 4 38 D   W   F   Y   G
GMO 4 66 D   W   F   Y   G
PAL 4 68 D   W   F   Y   G
NAK 4 69 D   W   F   Y   G
SVBL 4 162 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.2% 25.0% 9.0% 59.0%

 

Stage Transitions: Industrial Metals And Minerals

Ticker From To Links
UEC 4 1 D   W   F   Y   G
CCJ 3 4 D   W   F   Y   G
BTU 1 4 D   W   F   Y   G
UAMY 3 4 D   W   F   Y   G
TAS 3 4 D   W   F   Y   G

 

Stage Analysis: Internet

Ticker Stage Weeks Links
GOOGL 2 1 D   W   F   Y   G
AKAM 2 1 D   W   F   Y   G
FB 2 2 D   W   F   Y   G
BIDU 2 2 D   W   F   Y   G
TRIP 2 2 D   W   F   Y   G
WWWW 2 3 D   W   F   Y   G
TTGT 2 5 D   W   F   Y   G
IACI 3 6 D   W   F   Y   G
TER 3 7 D   W   F   Y   G
YHOO 3 10 D   W   F   Y   G
YELP 4 5 D   W   F   Y   G
AWAY 4 5 D   W   F   Y   G
OPEN 4 5 D   W   F   Y   G
TZOO 4 10 D   W   F   Y   G
YNDX 4 11 D   W   F   Y   G
BCOR 4 13 D   W   F   Y   G
LNKD 4 16 D   W   F   Y   G
HSTM 4 16 D   W   F   Y   G
MOVE 4 16 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 36.9% 15.8% 47.4%

 

Stage Transitions: Internet

Ticker From To Links
GOOGL 3 2 D   W   F   Y   G
AKAM 3 2 D   W   F   Y   G

 

Stage Analysis: Information Technology Services

Ticker Stage Weeks Links
RAX 1 1 D   W   F   Y   G
SYKE 2 1 D   W   F   Y   G
ACN 2 2 D   W   F   Y   G
RVBD 2 3 D   W   F   Y   G
EPAM 2 3 D   W   F   Y   G
VRTU 2 3 D   W   F   Y   G
IT 2 6 D   W   F   Y   G
IGTE 2 8 D   W   F   Y   G
IBM 2 10 D   W   F   Y   G
XRX 2 10 D   W   F   Y   G
CDW 2 19 D   W   F   Y   G
CBR 2 24 D   W   F   Y   G
CSC 2 49 D   W   F   Y   G
VNET 2 51 D   W   F   Y   G
FIS 2 85 D   W   F   Y   G
WIT 3 6 D   W   F   Y   G
RDWR 3 7 D   W   F   Y   G
SYNT 4 2 D   W   F   Y   G
NOW 4 4 D   W   F   Y   G
ACXM 4 5 D   W   F   Y   G
UIS 4 5 D   W   F   Y   G
NCR 4 9 D   W   F   Y   G
EPIQ 4 11 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.4% 60.9% 8.7% 26.1%

 

Stage Transitions: Information Technology Services

Ticker From To Links
RAX 4 1 D   W   F   Y   G
SYKE 3 2 D   W   F   Y   G

 

Stage Analysis: Jewelry

Ticker Stage Weeks Links
TIF 2 6 D   W   F   Y   G
SIG 2 38 D   W   F   Y   G
DGSE 4 5 D   W   F   Y   G
NILE 4 16 D   W   F   Y   G
BGI 4 21 D   W   F   Y   G
CTHR 4 23 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 33.4% 0.0% 66.7%

 

Stage Transitions: Jewelry

Ticker From To Links

 

Stage Analysis: Lithium

Ticker Stage Weeks Links
SQM 1 15 D   W   F   Y   G
LIT 2 1 D   W   F   Y   G
FMC 2 2 D   W   F   Y   G
ROC 2 3 D   W   F   Y   G
PPO 2 3 D   W   F   Y   G
ARTX 2 4 D   W   F   Y   G
GB 2 74 D   W   F   Y   G
WLC.TO 3 2 D   W   F   Y   G
CBAK 3 4 D   W   F   Y   G
ORL.TO 4 1 D   W   F   Y   G
ALTI 4 5 D   W   F   Y   G
LAC.TO 4 19 D   W   F   Y   G
RM.V 4 170 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.7% 46.2% 15.4% 30.8%

 

Stage Transitions: Lithium

Ticker From To Links
LIT 3 2 D   W   F   Y   G
ORL.TO 3 4 D   W   F   Y   G

 

Stage Analysis: Lodging

Ticker Stage Weeks Links
EXPE 2 3 D   W   F   Y   G
MHGC 2 3 D   W   F   Y   G
CTRP 2 15 D   W   F   Y   G
MAR 2 39 D   W   F   Y   G
WYN 2 46 D   W   F   Y   G
IHG 2 47 D   W   F   Y   G
H 2 48 D   W   F   Y   G
HOT 2 77 D   W   F   Y   G
CHH 3 10 D   W   F   Y   G
HTHT 4 5 D   W   F   Y   G
OEH 4 7 D   W   F   Y   G
HMIN 4 11 D   W   F   Y   G
RLH 4 19 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 61.6% 7.7% 30.8%

 

Stage Transitions: Lodging

Ticker From To Links

 

Stage Analysis: Lumber

Ticker Stage Weeks Links
PCH 1 2 D   W   F   Y   G
PCL 1 5 D   W   F   Y   G
RYN 1 7 D   W   F   Y   G
WY 2 5 D   W   F   Y   G
POPE 2 20 D   W   F   Y   G
PATK 2 59 D   W   F   Y   G
JCTCF 4 3 D   W   F   Y   G
BCC 4 7 D   W   F   Y   G
DEL 4 10 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
33.4% 33.4% 0.0% 33.4%

 

Stage Transitions: Lumber

Ticker From To Links

 

Stage Analysis: Machine Tools

Ticker Stage Weeks Links
BLT 1 1 D   W   F   Y   G
KMT 2 6 D   W   F   Y   G
SWK 2 7 D   W   F   Y   G
TKR 2 17 D   W   F   Y   G
NNBR 2 56 D   W   F   Y   G
CVR 3 4 D   W   F   Y   G
ROLL 4 5 D   W   F   Y   G
PRLB 4 9 D   W   F   Y   G
HDNG 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
11.2% 44.5% 11.2% 33.4%

 

Stage Transitions: Machine Tools

Ticker From To Links
BLT 4 1 D   W   F   Y   G

 

Stage Analysis: Meat Products

Ticker Stage Weeks Links
BRFS 2 5 D   W   F   Y   G
PPC 2 28 D   W   F   Y   G
TSN 2 30 D   W   F   Y   G
HRL 2 90 D   W   F   Y   G
IBA 2 101 D   W   F   Y   G
BRID 4 1 D   W   F   Y   G
LUK 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 71.5% 0.0% 28.6%

 

Stage Transitions: Meat Products

Ticker From To Links
BRID 3 4 D   W   F   Y   G

 

Stage Analysis: Metal Fabrication

Ticker Stage Weeks Links
BOOM 1 2 D   W   F   Y   G
PCP 2 1 D   W   F   Y   G
SHLO 2 1 D   W   F   Y   G
WOR 2 2 D   W   F   Y   G
AZZ 2 2 D   W   F   Y   G
TS 2 3 D   W   F   Y   G
RS 2 4 D   W   F   Y   G
HAYN 2 11 D   W   F   Y   G
ATI 2 13 D   W   F   Y   G
CRS 2 13 D   W   F   Y   G
VMI 2 24 D   W   F   Y   G
CSTM 2 24 D   W   F   Y   G
ARCW 2 35 D   W   F   Y   G
SIF 2 45 D   W   F   Y   G
TOWR 2 69 D   W   F   Y   G
HIHO 3 6 D   W   F   Y   G
MLI 4 4 D   W   F   Y   G
SCHN 4 5 D   W   F   Y   G
ZEUS 4 6 D   W   F   Y   G
GHM 4 8 D   W   F   Y   G
MEA 4 8 D   W   F   Y   G
CAS 4 10 D   W   F   Y   G
BRSS 4 13 D   W   F   Y   G
RTI 4 15 D   W   F   Y   G
GIFI 4 20 D   W   F   Y   G
GTLS 4 24 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.9% 53.9% 3.9% 38.5%

 

Stage Transitions: Metal Fabrication

Ticker From To Links
PCP 3 2 D   W   F   Y   G
SHLO 3 2 D   W   F   Y   G

 

Stage Analysis: Networking & Communication Devices

Ticker Stage Weeks Links
PANW 2 2 D   W   F   Y   G
SMCI 2 7 D   W   F   Y   G
CSCO 2 8 D   W   F   Y   G
FNSR 3 4 D   W   F   Y   G
ESYS 3 4 D   W   F   Y   G
JNPR 3 5 D   W   F   Y   G
SILC 3 7 D   W   F   Y   G
ARUN 4 1 D   W   F   Y   G
ELON 4 2 D   W   F   Y   G
CNTF 4 3 D   W   F   Y   G
LTRX 4 4 D   W   F   Y   G
EXTR 4 5 D   W   F   Y   G
GIMO 4 10 D   W   F   Y   G
BBOX 4 14 D   W   F   Y   G
DGII 4 14 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 20.0% 26.7% 53.4%

 

Stage Transitions: Networking & Communication Devices

Ticker From To Links
ARUN 3 4 D   W   F   Y   G

 

Stage Analysis: Natural Gas

Ticker Stage Weeks Links
APA 2 5 D   W   F   Y   G
OAS 2 7 D   W   F   Y   G
CHK 2 8 D   W   F   Y   G
PXD 2 16 D   W   F   Y   G
UPL 2 21 D   W   F   Y   G
SWN 2 29 D   W   F   Y   G
GTE 3 6 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 85.8% 14.3% 0.0%

 

Stage Transitions: Natural Gas

Ticker From To Links

 

Stage Analysis: Oil and Gas – Drilling & Exploration

Ticker Stage Weeks Links
ESV 1 1 D   W   F   Y   G
ATW 1 1 D   W   F   Y   G
ORIG 1 1 D   W   F   Y   G
BBG 1 1 D   W   F   Y   G
SDRL 1 2 D   W   F   Y   G
CEO 1 3 D   W   F   Y   G
PWE 1 8 D   W   F   Y   G
EVEP 2 1 D   W   F   Y   G
NOG 2 1 D   W   F   Y   G
TAT 2 2 D   W   F   Y   G
PBR 2 3 D   W   F   Y   G
SDLP 2 3 D   W   F   Y   G
MVO 2 3 D   W   F   Y   G
PBR-A 2 4 D   W   F   Y   G
LGCY 2 4 D   W   F   Y   G
CVE 2 6 D   W   F   Y   G
PGH 2 6 D   W   F   Y   G
REXX 2 7 D   W   F   Y   G
HGT 2 7 D   W   F   Y   G
HK 2 8 D   W   F   Y   G
AAV 2 11 D   W   F   Y   G
BPZ 2 13 D   W   F   Y   G
WLL 2 16 D   W   F   Y   G
CXO 2 17 D   W   F   Y   G
NBR 2 22 D   W   F   Y   G
SD 2 22 D   W   F   Y   G
REI 2 22 D   W   F   Y   G
PES 2 24 D   W   F   Y   G
BBEP 2 34 D   W   F   Y   G
PTEN 2 37 D   W   F   Y   G
CRT 2 38 D   W   F   Y   G
VNR 2 39 D   W   F   Y   G
UNT 2 47 D   W   F   Y   G
VET 2 48 D   W   F   Y   G
ERF 2 56 D   W   F   Y   G
HP 2 58 D   W   F   Y   G
MHR 3 4 D   W   F   Y   G
DO 4 1 D   W   F   Y   G
WTI 4 1 D   W   F   Y   G
PACD 4 13 D   W   F   Y   G
RIG 4 20 D   W   F   Y   G
NE 4 25 D   W   F   Y   G
RDC 4 25 D   W   F   Y   G
AREX 4 28 D   W   F   Y   G
HERO 4 28 D   W   F   Y   G
VTG 4 44 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
15.3% 63.1% 2.2% 19.6%

 

Stage Transitions: Oil and Gas – Drilling & Exploration

Ticker From To Links
ESV 4 1 D   W   F   Y   G
ATW 4 1 D   W   F   Y   G
ORIG 4 1 D   W   F   Y   G
BBG 4 1 D   W   F   Y   G
EVEP 1 2 D   W   F   Y   G
NOG 1 2 D   W   F   Y   G
DO 1 4 D   W   F   Y   G
WTI 3 4 D   W   F   Y   G

 

Stage Analysis: Oil and Gas – Equipment & Services

Ticker Stage Weeks Links
OII 1 1 D   W   F   Y   G
TDW 1 2 D   W   F   Y   G
HOS 1 2 D   W   F   Y   G
GLF 1 3 D   W   F   Y   G
MRC 1 6 D   W   F   Y   G
IO 1 14 D   W   F   Y   G
HLX 2 1 D   W   F   Y   G
NGS 2 1 D   W   F   Y   G
OIS 2 3 D   W   F   Y   G
TESO 2 7 D   W   F   Y   G
FTI 2 8 D   W   F   Y   G
NOV 2 9 D   W   F   Y   G
FET 2 11 D   W   F   Y   G
WFT 2 15 D   W   F   Y   G
SPN 2 15 D   W   F   Y   G
SYRG 2 15 D   W   F   Y   G
WG 2 15 D   W   F   Y   G
CAM 2 16 D   W   F   Y   G
PDS 2 16 D   W   F   Y   G
HAL 2 17 D   W   F   Y   G
TLLP 2 18 D   W   F   Y   G
GSJK 2 21 D   W   F   Y   G
EMES 2 26 D   W   F   Y   G
EXH 2 31 D   W   F   Y   G
BAS 2 32 D   W   F   Y   G
CJES 2 39 D   W   F   Y   G
CRR 2 43 D   W   F   Y   G
RES 2 47 D   W   F   Y   G
SLB 2 48 D   W   F   Y   G
NOA 2 55 D   W   F   Y   G
BHI 2 68 D   W   F   Y   G
ACMP 2 98 D   W   F   Y   G
EXLP 3 2