Stage Analysis Report

The markets pulled back last week after a strong rally the first week of June.  Semiconductors and Energy continue to act like the healthiest sectors.  The beaten down high fliers still haven’t had much of a bounce which is interesting considering the rest of the market has done okay.  Biotech has continued to approach its former highs but it’s interesting how low the volume has been on this rally compared to the massive sell-off earlier in the year.

The most interesting move for the week for me was the massive move in GDXJ on huge volume.  Volume for the week in GDXJ set a new record.  Gold is sitting right under $1280 which was the bottom of that low volatility coil that lasted two months.  If gold can somehow get back above $1280 and then $1320 then we can start to talk about a new bull market again.

Corn and wheat have given up most of their gains from earlier in the year.  It’s actually quite interesting how many different assets have led the markets this year and then a month or two later they have a major pullback that takes them out of the lead.

Stage 1 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Autos 37.5% 37.5% 12.5% 12.5%
Lumber 33.4% 22.3% 11.2% 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. Markets 0.0% 100.0% 0.0% 0.0%
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%
Water 0.0% 100.0% 0.0% 0.0%
REIT – Office 4.4% 95.7% 0.0% 0.0%
Foreign Markets 6.3% 93.8% 0.0% 0.0%
Utilities – Electric 2.5% 92.7% 2.5% 2.5%
REIT – Residential 6.3% 87.5% 3.2% 3.2%
REIT – Retail 3.3% 87.1% 3.3% 6.5%
Utilities – Gas 4.6% 86.4% 4.6% 4.6%
Natural Gas 0.0% 85.8% 14.3% 0.0%
Emerging Markets 15.4% 84.7% 0.0% 0.0%
Trucking 5.3% 84.3% 0.0% 10.6%
Cement 0.0% 83.4% 0.0% 16.7%
Dow Jones 3.4% 83.4% 10.0% 3.4%
REIT – Diversified 2.4% 83.4% 4.8% 9.6%
Asset Managers 0.0% 80.0% 0.0% 20.0%
Packaging & Containers 0.0% 80.0% 5.0% 15.0%
Railroads 13.4% 80.0% 0.0% 6.7%
Semiconductors – Broad Line 0.0% 78.3% 4.4% 17.4%
Oil & Gas – Pipelines 11.4% 75.5% 3.8% 9.5%
Waste Management 16.7% 75.0% 0.0% 8.4%
Oil & Gas – Refining 3.3% 74.2% 3.3% 19.4%
Diversified Machinery 4.5% 73.4% 13.4% 8.9%
Defense and Aerospace 3.4% 70.0% 16.7% 10.0%
Auto Parts 2.8% 69.5% 8.4% 19.5%
Utilities – Diversified 3.6% 67.9% 17.9% 10.8%
Oil and Gas – Drilling & Exploration 15.3% 67.4% 2.2% 15.3%
Oil & Gas – Independent 8.9% 67.1% 3.8% 20.3%
Treasuries and U.S. Dollar 33.4% 66.7% 0.0% 0.0%
Chemicals – Specialty 2.7% 65.8% 15.8% 15.8%
Semiconductors – Integrated Circuits 3.2% 65.7% 12.5% 18.8%
Banks 0.0% 63.7% 18.2% 18.2%
Chemicals – Major Diversified 8.4% 62.5% 16.7% 12.5%
Lodging 0.0% 61.6% 7.7% 30.8%
Oil and Gas – Equipment & Services 16.3% 60.5% 9.4% 14.0%
Agricultural Chemicals 0.0% 60.0% 13.4% 26.7%
Copper 0.0% 60.0% 0.0% 40.0%
Metal Fabrication 0.0% 57.7% 0.0% 42.4%
Drugs 0.0% 57.2% 19.1% 23.9%
Meat Products 0.0% 57.2% 14.3% 28.6%
Commodities 8.7% 56.6% 4.4% 30.5%
Information Technology Services 4.4% 56.6% 17.4% 21.8%
Farm and Construction Machinery 9.1% 54.6% 27.3% 9.1%
Semiconductors – Equipment & Materials 6.9% 51.8% 13.8% 27.6%
Beverages – Brewers 12.5% 50.0% 25.0% 12.5%
Restaurants 3.3% 48.4% 13.0% 35.5%
Farm Products 11.8% 47.1% 5.9% 35.3%
Lithium 7.7% 46.2% 7.7% 38.5%
Machine Tools 22.3% 44.5% 11.2% 22.3%
Drugs Other 0.0% 42.2% 15.8% 42.2%
Internet 5.3% 42.2% 15.8% 36.9%
Shipping 3.3% 42.0% 13.0% 42.0%
Apparel 4.2% 41.7% 12.5% 41.7%
Business Software 7.9% 39.5% 13.2% 39.5%
Biotech 3.4% 38.4% 23.4% 35.0%
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 7.2% 28.6% 42.9% 21.5%
Steel & Iron 11.2% 22.3% 38.9% 27.8%

 

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 0.0% 28.6% 0.0% 71.5%
3D Printing 0.0% 14.3% 14.3% 71.5%
Technical & System Software 5.9% 17.7% 5.9% 70.6%
Precious Metals Miners 6.8% 17.0% 8.5% 67.8%
Home Furnishings 0.0% 33.4% 0.0% 66.7%
Jewelry 0.0% 33.4% 0.0% 66.7%
Canadian Precious Metals Miners 9.1% 18.2% 6.1% 66.7%
Homebuilders 0.0% 31.3% 6.3% 62.5%
Apparel Stores 2.7% 36.9% 0.0% 60.6%
Industrial Metals And Minerals 7.2% 25.0% 9.0% 59.0%
Application Software 7.1% 28.2% 7.1% 57.8%
Coal 22.3% 22.3% 0.0% 55.6%
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%
Semiconductors – Specialized 0.0% 42.9% 4.8% 52.4%
Solar 0.0% 35.8% 14.3% 50.0%
Paper 0.0% 35.8% 21.5% 42.9%

 

Strengthening Markets

Market 4->1 1->2 2->3 3->4
Treasuries and U.S. Dollar 33.4% 0.0% 0.0% 0.0%
Autos 25.0% 0.0% 0.0% 0.0%
U.S. Markets 0.0% 20.0% 0.0% 0.0%
Water 0.0% 20.0% 0.0% 0.0%
Waste Management 8.4% 8.4% 0.0% 0.0%
Canadian Precious Metals Miners 3.1% 9.1% 0.0% 0.0%
Precious Metals Miners 6.8% 5.1% 0.0% 0.0%
Coal 11.2% 0.0% 0.0% 0.0%
Diversified Machinery 2.3% 8.9% 0.0% 4.5%
Machine Tools 11.2% 0.0% 0.0% 0.0%
Oil and Gas – Drilling & Exploration 4.4% 6.6% 2.2% 0.0%
Apparel Stores 2.7% 7.9% 0.0% 0.0%
Internet 5.3% 5.3% 0.0% 0.0%
Semiconductors – Equipment & Materials 3.5% 6.9% 0.0% 0.0%
Application Software 4.3% 5.7% 1.5% 0.0%
Banks 0.0% 9.1% 0.0% 0.0%
Farm and Construction Machinery 0.0% 9.1% 0.0% 0.0%
Emerging Markets 0.0% 7.7% 0.0% 0.0%
Brokers 7.2% 0.0% 0.0% 0.0%
REIT – Diversified 2.4% 4.8% 0.0% 2.4%
Biotech 3.4% 3.4% 3.4% 0.0%
Asset Managers 0.0% 6.7% 0.0% 0.0%
Defense and Aerospace 0.0% 6.7% 0.0% 0.0%
Railroads 6.7% 0.0% 0.0% 0.0%
Restaurants 3.3% 3.3% 0.0% 0.0%
Oil & Gas – Independent 3.8% 2.6% 0.0% 3.8%
Farm Products 5.9% 0.0% 0.0% 0.0%
Auto Parts 2.8% 2.8% 0.0% 0.0%
Utilities – Gas 0.0% 4.6% 0.0% 0.0%
REIT – Office 0.0% 4.4% 0.0% 0.0%
Semiconductors – Broad Line 0.0% 4.4% 0.0% 0.0%
Oil & Gas – Pipelines 1.9% 1.9% 0.0% 0.0%
Oil & Gas – Refining 0.0% 3.3% 0.0% 0.0%
Semiconductors – Integrated Circuits 0.0% 3.2% 0.0% 0.0%
Business Software 0.0% 2.7% 0.0% 0.0%
Oil and Gas – Equipment & Services 2.4% 0.0% 0.0% 0.0%

 

Weakening Markets

Market 4->1 1->2 2->3 3->4
Homebuilders 0.0% 0.0% 6.3% 12.5%
Lodging 0.0% 0.0% 7.7% 7.7%
Meat Products 0.0% 0.0% 14.3% 0.0%
Lumber 0.0% 0.0% 11.2% 0.0%
Information Technology Services 0.0% 0.0% 8.7% 0.0%
Lithium 0.0% 0.0% 0.0% 7.7%
REIT – Retail 0.0% 0.0% 3.3% 3.3%
Drugs 0.0% 0.0% 0.0% 4.8%
Semiconductors – Specialized 0.0% 0.0% 0.0% 4.8%
Apparel 0.0% 0.0% 4.2% 0.0%
Chemicals – Major Diversified 0.0% 0.0% 0.0% 4.2%
Utilities – Diversified 0.0% 0.0% 3.6% 0.0%
Chemicals – Specialty 0.0% 0.0% 2.7% 0.0%
Utilities – Electric 0.0% 0.0% 2.5% 0.0%

 

Stage Analysis: U.S. Markets

Ticker Stage Weeks Links
IWM 2 1 D   W   F   Y   G
QQQ 2 7 D   W   F   Y   G
IYT 2 78 D   W   F   Y   G
DIA 2 79 D   W   F   Y   G
SPY 2 81 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. Markets

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

 

Stage Analysis: U.S. Sectors

Ticker Stage Weeks Links
XLY 2 3 D   W   F   Y   G
XLP 2 16 D   W   F   Y   G
XLE 2 17 D   W   F   Y   G
XLU 2 23 D   W   F   Y   G
XLB 2 49 D   W   F   Y   G
IYZ 2 64 D   W   F   Y   G
XLK 2 74 D   W   F   Y   G
XLI 2 82 D   W   F   Y   G
XLF 2 99 D   W   F   Y   G
XLV 2 132 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 2 D   W   F   Y   G
EWO 2 2 D   W   F   Y   G
EWS 2 8 D   W   F   Y   G
EWH 2 10 D   W   F   Y   G
EWA 2 16 D   W   F   Y   G
EWC 2 18 D   W   F   Y   G
EWI 2 46 D   W   F   Y   G
EWK 2 47 D   W   F   Y   G
EWP 2 47 D   W   F   Y   G
EWD 2 48 D   W   F   Y   G
EWU 2 48 D   W   F   Y   G
EFA 2 49 D   W   F   Y   G
EWG 2 49 D   W   F   Y   G
EWQ 2 93 D   W   F   Y   G
EWN 2 94 D   W   F   Y   G
EWL 2 96 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

 

Stage Analysis: Emerging Markets

Ticker Stage Weeks Links
RBL 1 3 D   W   F   Y   G
ECH 1 9 D   W   F   Y   G
FXI 2 1 D   W   F   Y   G
EWW 2 4 D   W   F   Y   G
EWZ 2 7 D   W   F   Y   G
EEM 2 9 D   W   F   Y   G
IDX 2 10 D   W   F   Y   G
EWY 2 11 D   W   F   Y   G
EWM 2 11 D   W   F   Y   G
EZA 2 14 D   W   F   Y   G
EPI 2 15 D   W   F   Y   G
EWT 2 16 D   W   F   Y   G
INDY 2 16 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
15.4% 84.7% 0.0% 0.0%

 

Stage Transitions: Emerging Markets

Ticker From To Links
FXI 1 2 D   W   F   Y   G

 

Stage Analysis: Foreign Currencies

Ticker Stage Weeks Links
FXC 1 5 D   W   F   Y   G
FXA 2 8 D   W   F   Y   G
FXB 2 39 D   W   F   Y   G
FXE 3 4 D   W   F   Y   G
FXF 3 4 D   W   F   Y   G
FXY 4 2 D   W   F   Y   G
FXS 4 7 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

 

Stage Analysis: Agricultural Chemicals

Ticker Stage Weeks Links
IPI 2 4 D   W   F   Y   G
SYT 2 5 D   W   F   Y   G
MOS 2 8 D   W   F   Y   G
YONG 2 11 D   W   F   Y   G
POT 2 12 D   W   F   Y   G
SMG 2 14 D   W   F   Y   G
CF 2 38 D   W   F   Y   G
MON 2 39 D   W   F   Y   G
DD 2 67 D   W   F   Y   G
UAN 3 2 D   W   F   Y   G
AGU 3 3 D   W   F   Y   G
MBII 4 15 D   W   F   Y   G
AVD 4 26 D   W   F   Y   G
TNH 4 39 D   W   F   Y   G
RNF 4 57 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

 

Stage Analysis: Airlines

Ticker Stage Weeks Links
UAL 2 3 D   W   F   Y   G
JBLU 2 4 D   W   F   Y   G
LUV 2 40 D   W   F   Y   G
DAL 2 79 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 4 D   W   F   Y   G
UA 2 2 D   W   F   Y   G
GIL 2 7 D   W   F   Y   G
SQBG 2 15 D   W   F   Y   G
COLM 2 35 D   W   F   Y   G
SGC 2 45 D   W   F   Y   G
VFC 2 70 D   W   F   Y   G
CRWS 2 70 D   W   F   Y   G
KATE 2 79 D   W   F   Y   G
GIII 2 96 D   W   F   Y   G
HBI 2 106 D   W   F   Y   G
PVH 3 1 D   W   F   Y   G
CRI 3 2 D   W   F   Y   G
EVK 3 5 D   W   F   Y   G
OXM 4 6 D   W   F   Y   G
UNF 4 7 D   W   F   Y   G
DLA 4 8 D   W   F   Y   G
ZQK 4 9 D   W   F   Y   G
ZA 4 9 D   W   F   Y   G
JOEZ 4 10 D   W   F   Y   G
RL 4 21 D   W   F   Y   G
XNY 4 25 D   W   F   Y   G
LULU 4 31 D   W   F   Y   G
APP 4 42 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.2% 41.7% 12.5% 41.7%

 

Stage Transitions: Apparel

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

 

Stage Analysis: Apparel Stores

Ticker Stage Weeks Links
WACLY 1 1 D   W   F   Y   G
ANF 2 1 D   W   F   Y   G
CBK 2 1 D   W   F   Y   G
CHKE 2 1 D   W   F   Y   G
SMRT 2 2 D   W   F   Y   G
GPS 2 5 D   W   F   Y   G
LB 2 5 D   W   F   Y   G
CATO 2 5 D   W   F   Y   G
MW 2 6 D   W   F   Y   G
CTRN 2 8 D   W   F   Y   G
ANN 2 14 D   W   F   Y   G
JWN 2 16 D   W   F   Y   G
LUX 2 19 D   W   F   Y   G
GCO 2 35 D   W   F   Y   G
JOSB 2 36 D   W   F   Y   G
BKE 4 3 D   W   F   Y   G
BEBE 4 5 D   W   F   Y   G
SSI 4 6 D   W   F   Y   G
ROST 4 7 D   W   F   Y   G
FRAN 4 12 D   W   F   Y   G
DEST 4 12 D   W   F   Y   G
SCVL 4 13 D   W   F   Y   G
CACH 4 14 D   W   F   Y   G
ASNA 4 15 D   W   F   Y   G
PLCE 4 15 D   W   F   Y   G
CHS 4 16 D   W   F   Y   G
DSW 4 17 D   W   F   Y   G
GES 4 20 D   W   F   Y   G
DXLG 4 20 D   W   F   Y   G
PSUN 4 22 D   W   F   Y   G
EXPR 4 24 D   W   F   Y   G
NWY 4 28 D   W   F   Y   G
TLYS 4 29 D   W   F   Y   G
WTSL 4 34 D   W   F   Y   G
URBN 4 38 D   W   F   Y   G
ARO 4 45 D   W   F   Y   G
BODY 4 46 D   W   F   Y   G
AEO 4 61 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.7% 36.9% 0.0% 60.6%

 

Stage Transitions: Apparel Stores

Ticker From To Links
WACLY 4 1 D   W   F   Y   G
ANF 1 2 D   W   F   Y   G
CBK 1 2 D   W   F   Y   G
CHKE 4 2 D   W   F   Y   G

 

Stage Analysis: Application Software

Ticker Stage Weeks Links
SNCR 1 1 D   W   F   Y   G
ELLI 1 1 D   W   F   Y   G
MRIN 1 1 D   W   F   Y   G
NUAN 1 2 D   W   F   Y   G
RP 1 3 D   W   F   Y   G
MCRS 2 1 D   W   F   Y   G
MANH 2 1 D   W   F   Y   G
LXFT 2 1 D   W   F   Y   G
PLUS 2 1 D   W   F   Y   G
MSCI 2 2 D   W   F   Y   G
ADBE 2 3 D   W   F   Y   G
AGYS 2 3 D   W   F   Y   G
INTU 2 4 D   W   F   Y   G
FTNT 2 4 D   W   F   Y   G
MSTR 2 5 D   W   F   Y   G
AVG 2 12 D   W   F   Y   G
NSIT 2 18 D   W   F   Y   G
CDNS 2 19 D   W   F   Y   G
AMAP 2 20 D   W   F   Y   G
DBD 2 29 D   W   F   Y   G
ORCL 2 37 D   W   F   Y   G
QADA 2 39 D   W   F   Y   G
SYNA 2 40 D   W   F   Y   G
LOGM 2 54 D   W   F   Y   G
OTEX 2 60 D   W   F   Y   G
PFPT 3 1 D   W   F   Y   G
QLYS 3 3 D   W   F   Y   G
DWRE 3 4 D   W   F   Y   G
ICGE 3 4 D   W   F   Y   G
MGIC 3 4 D   W   F   Y   G
CRM 4 2 D   W   F   Y   G
VRNG 4 2 D   W   F   Y   G
SWI 4 4 D   W   F   Y   G
SAAS 4 4 D   W   F   Y   G
SAP 4 5 D   W   F   Y   G
WDAY 4 6 D   W   F   Y   G
RHT 4 6 D   W   F   Y   G
DATA 4 6 D   W   F   Y   G
LOCK 4 6 D   W   F   Y   G
TYPE 4 6 D   W   F   Y   G
GUID 4 6 D   W   F   Y   G
NQ 4 7 D   W   F   Y   G
KEYW 4 7 D   W   F   Y   G
SQI 4 7 D   W   F   Y   G
SPLK 4 8 D   W   F   Y   G
MKTO 4 8 D   W   F   Y   G
CVT 4 8 D   W   F   Y   G
ECOM 4 8 D   W   F   Y   G
EOPN 4 8 D   W   F   Y   G
FEYE 4 8 D   W   F   Y   G
CSOD 4 10 D   W   F   Y   G
ADVS 4 10 D   W   F   Y   G
IMPV 4 10 D   W   F   Y   G
SPSC 4 10 D   W   F   Y   G
PRO 4 11 D   W   F   Y   G
FLTX 4 12 D   W   F   Y   G
BSFT 4 13 D   W   F   Y   G
EGOV 4 15 D   W   F   Y   G
PRGS 4 15 D   W   F   Y   G
CTRX 4 16 D   W   F   Y   G
DTSI 4 16 D   W   F   Y   G
SEAC 4 16 D   W   F   Y   G
STMP 4 17 D   W   F   Y   G
BCOV 4 19 D   W   F   Y   G
BIRT 4 19 D   W   F   Y   G
TXTR 4 19 D   W   F   Y   G
CPWR 4 21 D   W   F   Y   G
CVLT 4 27 D   W   F   Y   G
RALY 4 28 D   W   F   Y   G
BV 4 31 D   W   F   Y   G
JIVE 4 44 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.1% 28.2% 7.1% 57.8%

 

Stage Transitions: Application Software

Ticker From To Links
SNCR 4 1 D   W   F   Y   G
ELLI 4 1 D   W   F   Y   G
MRIN 4 1 D   W   F   Y   G
MCRS 3 2 D   W   F   Y   G
MANH 3 2 D   W   F   Y   G
LXFT 3 2 D   W   F   Y   G
PLUS 3 2 D   W   F   Y   G
PFPT 4 3 D   W   F   Y   G

 

Stage Analysis: Asset Managers

Ticker Stage Weeks Links
NTRS 2 1 D   W   F   Y   G
BX 2 2 D   W   F   Y   G
AMG 2 2 D   W   F   Y   G
BLK 2 3 D   W   F   Y   G
BEN 2 6 D   W   F   Y   G
AMP 2 7 D   W   F   Y   G
PFG 2 7 D   W   F   Y   G
BK 2 14 D   W   F   Y   G
IVZ 2 16 D   W   F   Y   G
TROW 2 35 D   W   F   Y   G
LAZ 2 47 D   W   F   Y   G
LM 2 76 D   W   F   Y   G
STT 4 9 D   W   F   Y   G
FIG 4 9 D   W   F   Y   G
EV 4 18 D   W   F   Y   G

 

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

 

Stage Transitions: Asset Managers

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

 

Stage Analysis: Autos

Ticker Stage Weeks Links
GM 1 1 D   W   F   Y   G
TM 1 1 D   W   F   Y   G
NSANY 1 4 D   W   F   Y   G
F 2 4 D   W   F   Y   G
TTM 2 18 D   W   F   Y   G
TSLA 2 22 D   W   F   Y   G
KNDI 3 7 D   W   F   Y   G
HMC 4 18 D   W   F   Y   G

 

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

 

Stage Transitions: Autos

Ticker From To Links
GM 4 1 D   W   F   Y   G
TM 4 1 D   W   F   Y   G

 

Stage Analysis: Auto Parts

Ticker Stage Weeks Links
AXL 1 1 D   W   F   Y   G
FDML 2 1 D   W   F   Y   G
JCI 2 2 D   W   F   Y   G
FSS 2 2 D   W   F   Y   G
CAAS 2 3 D   W   F   Y   G
SMP 2 13 D   W   F   Y   G
SUP 2 14 D   W   F   Y   G
REMY 2 16 D   W   F   Y   G
PLOW 2 16 D   W   F   Y   G
LEA 2 17 D   W   F   Y   G
DAN 2 17 D   W   F   Y   G
TRW 2 18 D   W   F   Y   G
MOD 2 18 D   W   F   Y   G
CPS 2 22 D   W   F   Y   G
MTOR 2 28 D   W   F   Y   G
THRM 2 39 D   W   F   Y   G
ALSN 2 40 D   W   F   Y   G
MLR 2 50 D   W   F   Y   G
MPAA 2 58 D   W   F   Y   G
BWA 2 73 D   W   F   Y   G
TEN 2 79 D   W   F   Y   G
ALV 2 80 D   W   F   Y   G
VC 2 84 D   W   F   Y   G
STRT 2 86 D   W   F   Y   G
DLPH 2 96 D   W   F   Y   G
WBC 2 97 D   W   F   Y   G
DORM 3 5 D   W   F   Y   G
MNRO 3 5 D   W   F   Y   G
GNTX 3 11 D   W   F   Y   G
QTWW 4 6 D   W   F   Y   G
LKQ 4 15 D   W   F   Y   G
SRI 4 17 D   W   F   Y   G
TXIC 4 19 D   W   F   Y   G
ZX 4 29 D   W   F   Y   G
FSYS 4 32 D   W   F   Y   G
WPRT 4 44 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.8% 69.5% 8.4% 19.5%

 

Stage Transitions: Auto Parts

Ticker From To Links
AXL 4 1 D   W   F   Y   G
FDML 3 2 D   W   F   Y   G

 

Stage Analysis: Banks

Ticker Stage Weeks Links
RF 2 1 D   W   F   Y   G
CMA 2 2 D   W   F   Y   G
BBT 2 3 D   W   F   Y   G
USB 2 57 D   W   F   Y   G
KEY 2 76 D   W   F   Y   G
WFC 2 77 D   W   F   Y   G
STI 2 104 D   W   F   Y   G
FITB 3 7 D   W   F   Y   G
JPM 3 8 D   W   F   Y   G
BAC 4 2 D   W   F   Y   G
C 4 14 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 63.7% 18.2% 18.2%

 

Stage Transitions: Banks

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

 

Stage Analysis: Beverages – Brewers

Ticker Stage Weeks Links
CCU 1 7 D   W   F   Y   G
FMX 2 4 D   W   F   Y   G
BUD 2 16 D   W   F   Y   G
VCO 2 16 D   W   F   Y   G
TAP 2 49 D   W   F   Y   G
BORN 3 3 D   W   F   Y   G
SAM 3 5 D   W   F   Y   G
BREW 4 5 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
VRTX 1 1 D   W   F   Y   G
NKTR 1 1 D   W   F   Y   G
ACOR 2 1 D   W   F   Y   G
PTCT 2 1 D   W   F   Y   G
CELG 2 2 D   W   F   Y   G
REGN 2 2 D   W   F   Y   G
JAZZ 2 2 D   W   F   Y   G
NPSP 2 2 D   W   F   Y   G
IDIX 2 2 D   W   F   Y   G
BCRX 2 2 D   W   F   Y   G
BIIB 2 3 D   W   F   Y   G
MDVN 2 3 D   W   F   Y   G
EXAS 2 3 D   W   F   Y   G
SRPT 2 5 D   W   F   Y   G
GILD 2 6 D   W   F   Y   G
TECH 2 6 D   W   F   Y   G
PDLI 2 6 D   W   F   Y   G
MNKD 2 11 D   W   F   Y   G
ITMN 2 16 D   W   F   Y   G
AGIO 2 16 D   W   F   Y   G
QCOR 2 21 D   W   F   Y   G
ENTA 2 34 D   W   F   Y   G
CBPO 2 43 D   W   F   Y   G
ALXN 2 49 D   W   F   Y   G
ILMN 2 68 D   W   F   Y   G
ALNY 3 1 D   W   F   Y   G
RCPT 3 1 D   W   F   Y   G
INSY 3 2 D   W   F   Y   G
DYAX 3 3 D   W   F   Y   G
EBS 3 5 D   W   F   Y   G
CRL 3 7 D   W   F   Y   G
ARWR 3 8 D   W   F   Y   G
GEVA 3 9 D   W   F   Y   G
SGMO 3 9 D   W   F   Y   G
ANAC 3 9 D   W   F   Y   G
AMGN 3 10 D   W   F   Y   G
INCY 3 10 D   W   F   Y   G
OMED 3 10 D   W   F   Y   G
NVAX 3 11 D   W   F   Y   G
PBYI 4 2 D   W   F   Y   G
ARNA 4 3 D   W   F   Y   G
NLNK 4 4 D   W   F   Y   G
INSM 4 5 D   W   F   Y   G
CLVS 4 6 D   W   F   Y   G
PTLA 4 6 D   W   F   Y   G
SGEN 4 7 D   W   F   Y   G
ACAD 4 7 D   W   F   Y   G
BMRN 4 9 D   W   F   Y   G
HALO 4 11 D   W   F   Y   G
ARIA 4 11 D   W   F   Y   G
XOMA 4 11 D   W   F   Y   G
CLDX 4 12 D   W   F   Y   G
IMGN 4 12 D   W   F   Y   G
EXEL 4 12 D   W   F   Y   G
THRX 4 13 D   W   F   Y   G
EPZM 4 15 D   W   F   Y   G
TSRO 4 20 D   W   F   Y   G
AEGR 4 21 D   W   F   Y   G
LXRX 4 28 D   W   F   Y   G
VVUS 4 43 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.4% 38.4% 23.4% 35.0%

 

Stage Transitions: Biotech

Ticker From To Links
VRTX 4 1 D   W   F   Y   G
NKTR 4 1 D   W   F   Y   G
ACOR 3 2 D   W   F   Y   G
PTCT 3 2 D   W   F   Y   G
ALNY 4 3 D   W   F   Y   G
RCPT 4 3 D   W   F   Y   G

 

Stage Analysis: Brokers

Ticker Stage Weeks Links
GS 1 1 D   W   F   Y   G
MS 2 3 D   W   F   Y   G
KCG 2 4 D   W   F   Y   G
ITG 2 12 D   W   F   Y   G
PJC 2 40 D   W   F   Y   G
SCHW 3 3 D   W   F   Y   G
ETFC 3 4 D   W   F   Y   G
AMTD 3 5 D   W   F   Y   G
SF 3 5 D   W   F   Y   G
OPY 3 6 D   W   F   Y   G
RJF 3 8 D   W   F   Y   G
CME 4 8 D   W   F   Y   G
GHL 4 9 D   W   F   Y   G
NMR 4 19 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.2% 28.6% 42.9% 21.5%

 

Stage Transitions: Brokers

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

 

Stage Analysis: Business Software

Ticker Stage Weeks Links
PEGA 1 2 D   W   F   Y   G
BLKB 1 3 D   W   F   Y   G
CTXS 1 5 D   W   F   Y   G
EVTC 2 1 D   W   F   Y   G
VRNT 2 3 D   W   F   Y   G
IRM 2 4 D   W   F   Y   G
SLH 2 4 D   W   F   Y   G
JKHY 2 5 D   W   F   Y   G
SSNC 2 5 D   W   F   Y   G
ADP 2 6 D   W   F   Y   G
AZPN 2 6 D   W   F   Y   G
FICO 2 7 D   W   F   Y   G
FFIV 2 23 D   W   F   Y   G
FORTY 2 24 D   W   F   Y   G
NTCT 2 48 D   W   F   Y   G
MSFT 2 61 D   W   F   Y   G
SPNS 2 77 D   W   F   Y   G
DOX 2 97 D   W   F   Y   G
EBIX 3 2 D   W   F   Y   G
CTSH 3 6 D   W   F   Y   G
DST 3 6 D   W   F   Y   G
DSGX 3 6 D   W   F   Y   G
SAPE 3 8 D   W   F   Y   G
CALD 4 2 D   W   F   Y   G
CSGS 4 4 D   W   F   Y   G
EPAY 4 5 D   W   F   Y   G
CA 4 6 D   W   F   Y   G
ININ 4 6 D   W   F   Y   G
SABA 4 6 D   W   F   Y   G
PRFT 4 7 D   W   F   Y   G
GWRE 4 8 D   W   F   Y   G
INFA 4 9 D   W   F   Y   G
N 4 10 D   W   F   Y   G
DWCH 4 10 D   W   F   Y   G
QLIK 4 12 D   W   F   Y   G
TNGO 4 13 D   W   F   Y   G
TIBX 4 24 D   W   F   Y   G
SREV 4 28 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.9% 39.5% 13.2% 39.5%

 

Stage Transitions: Business Software

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

 

Stage Analysis: Cement

Ticker Stage Weeks Links
CX 2 26 D   W   F   Y   G
TXI 2 26 D   W   F   Y   G
JHX 2 38 D   W   F   Y   G
EXP 2 39 D   W   F   Y   G
CRH 2 46 D   W   F   Y   G
CPAC 4 49 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 9 D   W   F   Y   G
SQM 1 16 D   W   F   Y   G
ARG 2 2 D   W   F   Y   G
FMC 2 3 D   W   F   Y   G
RTK 2 5 D   W   F   Y   G
LXU 2 12 D   W   F   Y   G
CE 2 13 D   W   F   Y   G
MTX 2 13 D   W   F   Y   G
PDH 2 16 D   W   F   Y   G
EMN 2 24 D   W   F   Y   G
REX 2 29 D   W   F   Y   G
SHLM 2 39 D   W   F   Y   G
HUN 2 40 D   W   F   Y   G
DOW 2 60 D   W   F   Y   G
ASH 2 62 D   W   F   Y   G
APD 2 77 D   W   F   Y   G
PX 2 81 D   W   F   Y   G
BCPC 3 3 D   W   F   Y   G
FF 3 4 D   W   F   Y   G
BIOA 3 6 D   W   F   Y   G
ARSD 3 10 D   W   F   Y   G
ACET 4 1 D   W   F   Y   G
BAK 4 17 D   W   F   Y   G
VHI 4 27 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
8.4% 62.5% 16.7% 12.5%

 

Stage Transitions: Chemicals – Major Diversified

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

 

Stage Analysis: Chemicals – Specialty

Ticker Stage Weeks Links
HWKN 1 2 D   W   F   Y   G
FUL 2 2 D   W   F   Y   G
TAM 2 2 D   W   F   Y   G
WDFC 2 2 D   W   F   Y   G
KRA 2 2 D   W   F   Y   G
OMN 2 2 D   W   F   Y   G
ROC 2 4 D   W   F   Y   G
ALB 2 11 D   W   F   Y   G
IPHS 2 16 D   W   F   Y   G
FTK 2 19 D   W   F   Y   G
PEIX 2 25 D   W   F   Y   G
OLN 2 31 D   W   F   Y   G
VAL 2 35 D   W   F   Y   G
SHW 2 38 D   W   F   Y   G
CYT 2 53 D   W   F   Y   G
CBT 2 56 D   W   F   Y   G
WLK 2 58 D   W   F   Y   G
NEU 2 65 D   W   F   Y   G
SXT 2 74 D   W   F   Y   G
GPRE 2 78 D   W   F   Y   G
SIAL 2 80 D   W   F   Y   G
RPM 2 81 D   W   F   Y   G
IFF 2 97 D   W   F   Y   G
LYB 2 101 D   W   F   Y   G
POL 2 102 D   W   F   Y   G
PPG 2 136 D   W   F   Y   G
CHMT 3 1 D   W   F   Y   G
KWR 3 3 D   W   F   Y   G
SNMX 3 5 D   W   F   Y   G
MEOH 3 6 D   W   F   Y   G
FOE 3 6 D   W   F   Y   G
GRA 3 8 D   W   F   Y   G
AMRS 4 5 D   W   F   Y   G
KRO 4 6 D   W   F   Y   G
IOSP 4 6 D   W   F   Y   G
KOP 4 6 D   W   F   Y   G
ODC 4 6 D   W   F   Y   G
OMG 4 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.7% 65.8% 15.8% 15.8%

 

Stage Transitions: Chemicals – Specialty

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

 

Stage Analysis: Clean Energy

Ticker Stage Weeks Links
BLDP 2 24 D   W   F   Y   G
FCEL 2 35 D   W   F   Y   G
PLUG 3 4 D   W   F   Y   G
CPST 3 5 D   W   F   Y   G
HYGS 4 2 D   W   F   Y   G
QTWW 4 6 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

 

Stage Analysis: Coal

Ticker Stage Weeks Links
YZC 1 1 D   W   F   Y   G
KOL 1 9 D   W   F   Y   G
CNX 2 39 D   W   F   Y   G
ARLP 2 73 D   W   F   Y   G
BTU 4 2 D   W   F   Y   G
ACI 4 5 D   W   F   Y   G
ANR 4 22 D   W   F   Y   G
NRP 4 23 D   W   F   Y   G
WLT 4 23 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
22.3% 22.3% 0.0% 55.6%

 

Stage Transitions: Coal

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

 

Stage Analysis: Commodities

Ticker Stage Weeks Links
JJM 1 8 D   W   F   Y   G
KOL 1 9 D   W   F   Y   G
PPLT 2 4 D   W   F   Y   G
GCC 2 15 D   W   F   Y   G
OIL 2 15 D   W   F   Y   G
SOYB 2 15 D   W   F   Y   G
MOO 2 15 D   W   F   Y   G
DBA 2 16 D   W   F   Y   G
PALL 2 17 D   W   F   Y   G
JO 2 17 D   W   F   Y   G
UGA 2 17 D   W   F   Y   G
COW 2 22 D   W   F   Y   G
UNG 2 26 D   W   F   Y   G
CHOC 2 44 D   W   F   Y   G
NLR 2 58 D   W   F   Y   G
BAL 3 4 D   W   F   Y   G
WEAT 4 2 D   W   F   Y   G
CORN 4 3 D   W   F   Y   G
GLD 4 6 D   W   F   Y   G
REMX 4 6 D   W   F   Y   G
SGG 4 7 D   W   F   Y   G
SLV 4 12 D   W   F   Y   G
JJC 4 20 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

 

Stage Analysis: Copper

Ticker Stage Weeks Links
FCX 2 7 D   W   F   Y   G
SCCO 2 17 D   W   F   Y   G
AZC 2 19 D   W   F   Y   G
NSU 4 6 D   W   F   Y   G
LIWA 4 16 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 2 D   W   F   Y   G
EMC 2 22 D   W   F   Y   G
SNDK 2 40 D   W   F   Y   G
WDC 2 78 D   W   F   Y   G
BRCD 3 7 D   W   F   Y   G
DTLK 4 6 D   W   F   Y   G
TDC 4 7 D   W   F   Y   G
FIO 4 10 D   W   F   Y   G
NTAP 4 13 D   W   F   Y   G
ELX 4 25 D   W   F   Y   G
QTM 4 42 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

 

Stage Analysis: Defense and Aerospace

Ticker Stage Weeks Links
TGI 1 3 D   W   F   Y   G
ATK 2 1 D   W   F   Y   G
AVAV 2 1 D   W   F   Y   G
BA 2 6 D   W   F   Y   G
SPR 2 7 D   W   F   Y   G
WWD 2 7 D   W   F   Y   G
MOG-A 2 8 D   W   F   Y   G
ERJ 2 16 D   W   F   Y   G
FLIR 2 23 D   W   F   Y   G
KAMN 2 49 D   W   F   Y   G
CAE 2 50 D   W   F   Y   G
LMT 2 66 D   W   F   Y   G
RTN 2 66 D   W   F   Y   G
ORB 2 75 D   W   F   Y   G
ESL 2 77 D   W   F   Y   G
GD 2 80 D   W   F   Y   G
ESLT 2 81 D   W   F   Y   G
COL 2 86 D   W   F   Y   G
BEAV 2 88 D   W   F   Y   G
LLL 2 94 D   W   F   Y   G
HII 2 105 D   W   F   Y   G
TDG 2 139 D   W   F   Y   G
HEI 3 7 D   W   F   Y   G
ATRO 3 7 D   W   F   Y   G
HEI-A 3 8 D   W   F   Y   G
HXL 3 10 D   W   F   Y   G
XLS 3 10 D   W   F   Y   G
RGR 4 3 D   W   F   Y   G
TASR 4 3 D   W   F   Y   G
DGI 4 12 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.4% 70.0% 16.7% 10.0%

 

Stage Transitions: Defense and Aerospace

Ticker From To Links
ATK 3 2 D   W   F   Y   G
AVAV 3 2 D   W   F   Y   G

 

Stage Analysis: Diversified Machinery

Ticker Stage Weeks Links
THR 1 1 D   W   F   Y   G
ATU 1 3 D   W   F   Y   G
FLS 2 1 D   W   F   Y   G
GGG 2 1 D   W   F   Y   G
LII 2 1 D   W   F   Y   G
RXN 2 1 D   W   F   Y   G
GRC 2 3 D   W   F   Y   G
CYD 2 3 D   W   F   Y   G
DHR 2 4 D   W   F   Y   G
ETN 2 4 D   W   F   Y   G
PPO 2 4 D   W   F   Y   G
ROP 2 6 D   W   F   Y   G
DRC 2 6 D   W   F   Y   G
IR 2 7 D   W   F   Y   G
GE 2 9 D   W   F   Y   G
NDSN 2 9 D   W   F   Y   G
RBC 2 9 D   W   F   Y   G
DOV 2 15 D   W   F   Y   G
CAT 2 26 D   W   F   Y   G
XYL 2 36 D   W   F   Y   G
ZBRA 2 36 D   W   F   Y   G
SPW 2 41 D   W   F   Y   G
CMI 2 48 D   W   F   Y   G
ROK 2 49 D   W   F   Y   G
HI 2 49 D   W   F   Y   G
ITT 2 73 D   W   F   Y   G
PSIX 2 73 D   W   F   Y   G
MMM 2 80 D   W   F   Y   G
CR 2 81 D   W   F   Y   G
PLL 2 92 D   W   F   Y   G
AME 2 96 D   W   F   Y   G
CFX 2 96 D   W   F   Y   G
IEX 2 96 D   W   F   Y   G
ITW 2 98 D   W   F   Y   G
HON 2 99 D   W   F   Y   G
BWC 3 4 D   W   F   Y   G
GNRC 3 5 D   W   F   Y   G
MIDD 3 6 D   W   F   Y   G
LXFR 3 6 D   W   F   Y   G
JBT 3 7 D   W   F   Y   G
POWL 3 10 D   W   F   Y   G
BGG 4 1 D   W   F   Y   G
ABB 4 1 D   W   F   Y   G
AIXG 4 5 D   W   F   Y   G
RAVN 4 10 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.5% 73.4% 13.4% 8.9%

 

Stage Transitions: Diversified Machinery

Ticker From To Links
THR 4 1 D   W   F   Y   G
FLS 3 2 D   W   F   Y   G
GGG 3 2 D   W   F   Y   G
LII 3 2 D   W   F   Y   G
RXN 3 2 D   W   F   Y   G
BGG 3 4 D   W   F   Y   G
ABB 3 4 D   W   F   Y   G

 

Stage Analysis: Dow Jones

Ticker Stage Weeks Links
GS 1 1 D   W   F   Y   G
HD 2 3 D   W   F   Y   G
NKE 2 3 D   W   F   Y   G
VZ 2 5 D   W   F   Y   G
AXP 2 6 D   W   F   Y   G
BA 2 6 D   W   F   Y   G
CVX 2 8 D   W   F   Y   G
CSCO 2 9 D   W   F   Y   G
GE 2 9 D   W   F   Y   G
KO 2 9 D   W   F   Y   G
TRV 2 9 D   W   F   Y   G
T 2 10 D   W   F   Y   G
PG 2 10 D   W   F   Y   G
WMT 2 11 D   W   F   Y   G
MCD 2 16 D   W   F   Y   G
JNJ 2 17 D   W   F   Y   G
CAT 2 26 D   W   F   Y   G
MRK 2 30 D   W   F   Y   G
XOM 2 32 D   W   F   Y   G
INTC 2 39 D   W   F   Y   G
DIS 2 40 D   W   F   Y   G
MSFT 2 61 D   W   F   Y   G
UNH 2 64 D   W   F   Y   G
DD 2 67 D   W   F   Y   G
MMM 2 80 D   W   F   Y   G
UTX 2 81 D   W   F   Y   G
IBM 3 1 D   W   F   Y   G
JPM 3 8 D   W   F   Y   G
V 3 10 D   W   F   Y   G
PFE 4 2 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.4% 83.4% 10.0% 3.4%

 

Stage Transitions: Dow Jones

Ticker From To Links
GS 4 1 D   W   F   Y   G
IBM 2 3 D   W   F   Y   G

 

Stage Analysis: Drugs

Ticker Stage Weeks Links
ABBV 2 7 D   W   F   Y   G
GSK 2 8 D   W   F   Y   G
SNY 2 12 D   W   F   Y   G
JNJ 2 17 D   W   F   Y   G
LLY 2 22 D   W   F   Y   G
GWPH 2 28 D   W   F   Y   G
MRK 2 30 D   W   F   Y   G
HZNP 2 39 D   W   F   Y   G
IPXL 2 46 D   W   F   Y   G
AZN 2 47 D   W   F   Y   G
PCRX 2 77 D   W   F   Y   G
NVS 2 102 D   W   F   Y   G
ICPT 3 7 D   W   F   Y   G
KERX 3 8 D   W   F   Y   G
NBIX 3 10 D   W   F   Y   G
RMTI 3 10 D   W   F   Y   G
BMY 4 1 D   W   F   Y   G
PFE 4 2 D   W   F   Y   G
KYTH 4 7 D   W   F   Y   G
TXMD 4 7 D   W   F   Y   G
RPTP 4 13 D   W   F   Y   G

 

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

 

Stage Transitions: Drugs

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

 

Stage Analysis: Drugs Other

Ticker Stage Weeks Links
DEPO 2 1 D   W   F   Y   G
LCI 2 4 D   W   F   Y   G
ENDP 2 5 D   W   F   Y   G
AGN 2 26 D   W   F   Y   G
TEVA 2 30 D   W   F   Y   G
NVO 2 46 D   W   F   Y   G
TARO 2 50 D   W   F   Y   G
FRX 2 79 D   W   F   Y   G
UTHR 3 1 D   W   F   Y   G
RDY 3 4 D   W   F   Y   G
CBST 3 10 D   W   F   Y   G
ISIS 4 7 D   W   F   Y   G
SGYP 4 7 D   W   F   Y   G
OREX 4 9 D   W   F   Y   G
SCMP 4 9 D   W   F   Y   G
PCYC 4 10 D   W   F   Y   G
DVAX 4 12 D   W   F   Y   G
MDCO 4 16 D   W   F   Y   G
AMRN 4 36 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
DEPO 3 2 D   W   F   Y   G
UTHR 2 3 D   W   F   Y   G

 

Stage Analysis: Farm and Construction Machinery

Ticker Stage Weeks Links
AGCO 1 2 D   W   F   Y   G
GENC 2 1 D   W   F   Y   G
CMCO 2 14 D   W   F   Y   G
JOY 2 18 D   W   F   Y   G
LNN 2 25 D   W   F   Y   G
DE 2 27 D   W   F   Y   G
ASTE 2 29 D   W   F   Y   G
MTW 3 3 D   W   F   Y   G
ALG 3 5 D   W   F   Y   G
TEX 3 6 D   W   F   Y   G
ARTW 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.1% 54.6% 27.3% 9.1%

 

Stage Transitions: Farm and Construction Machinery

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

 

Stage Analysis: Farm Products

Ticker Stage Weeks Links
ALCO 1 1 D   W   F   Y   G
LMNR 1 2 D   W   F   Y   G
CVGW 2 2 D   W   F   Y   G
SEED 2 4 D   W   F   Y   G
FDP 2 5 D   W   F   Y   G
OINK 2 9 D   W   F   Y   G
CRESY 2 10 D   W   F   Y   G
CHSCP 2 11 D   W   F   Y   G
AGRO 2 17 D   W   F   Y   G
ADM 2 72 D   W   F   Y   G
ANDE 3 5 D   W   F   Y   G
BG 4 2 D   W   F   Y   G
CQB 4 3 D   W   F   Y   G
GAGA 4 3 D   W   F   Y   G
SANW 4 4 D   W   F   Y   G
PME 4 7 D   W   F   Y   G
GRO 4 10 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
11.8% 47.1% 5.9% 35.3%

 

Stage Transitions: Farm Products

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

 

Stage Analysis: General Building Materials

Ticker Stage Weeks Links
OC 2 2 D   W   F   Y   G
NCS 2 2 D   W   F   Y   G
STCK 2 3 D   W   F   Y   G
USLM 2 4 D   W   F   Y   G
AAON 2 6 D   W   F   Y   G
TGLS 2 13 D   W   F   Y   G
MLM 2 23 D   W   F   Y   G
HW 2 26 D   W   F   Y   G
NTK 2 36 D   W   F   Y   G
USCR 2 102 D   W   F   Y   G
MAS 3 2 D   W   F   Y   G
CSTE 3 4 D   W   F   Y   G
VMC 3 5 D   W   F   Y   G
TREX 3 5 D   W   F   Y   G
DOOR 3 6 D   W   F   Y   G
UFPI 3 7 D   W   F   Y   G
USG 3 8 D   W   F   Y   G
NX 4 3 D   W   F   Y   G
APOG 4 5 D   W   F   Y   G
PGTI 4 5 D   W   F   Y   G
RGSE 4 5 D   W   F   Y   G
CADC 4 5 D   W   F   Y   G
AWI 4 7 D   W   F   Y   G
BECN 4 8 D   W   F   Y   G
GFF 4 11 D   W   F   Y   G
PGEM 4 22 D   W   F   Y   G
CCCL 4 24 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

 

Stage Analysis: Graphite

Ticker Stage Weeks Links
ZEN.V 2 11 D   W   F   Y   G
LLG.V 4 3 D   W   F   Y   G
FMS.V 4 7 D   W   F   Y   G
NGC.V 4 7 D   W   F   Y   G
NRT.V 4 23 D   W   F   Y   G
GPH.V 4 32 D   W   F   Y   G
CCB.V 4 33 D   W   F   Y   G
USGT 4 72 D   W   F   Y   G
GXY.V 4 92 D   W   F   Y   G
ELI.V 4 95 D   W   F   Y   G
SGH.V 4 95 D   W   F   Y   G
SRK.V 4 109 D   W   F   Y   G
RBW.V 4 113 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 3 D   W   F   Y   G
IMKTA 2 5 D   W   F   Y   G
CBD 2 7 D   W   F   Y   G
SUSS 2 7 D   W   F   Y   G
SVU 2 8 D   W   F   Y   G
KR 2 15 D   W   F   Y   G
SWY 2 18 D   W   F   Y   G
DEG 2 21 D   W   F   Y   G
WMK 4 7 D   W   F   Y   G
NGVC 4 7 D   W   F   Y   G
QKLS 4 14 D   W   F   Y   G
SFM 4 15 D   W   F   Y   G
RNDY 4 17 D   W   F   Y   G
WFM 4 18 D   W   F   Y   G
VLGEA 4 26 D   W   F   Y   G
FWM 4 29 D   W   F   Y   G
TFM 4 30 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 4 D   W   F   Y   G
FLR 2 1 D   W   F   Y   G
DY 2 15 D   W   F   Y   G
TPC 2 16 D   W   F   Y   G
MTRX 2 40 D   W   F   Y   G
AGX 2 41 D   W   F   Y   G
FWLT 2 44 D   W   F   Y   G
AEGN 3 1 D   W   F   Y   G
MTZ 3 3 D   W   F   Y   G
GVA 3 3 D   W   F   Y   G
ORN 3 5 D   W   F   Y   G
PRIM 3 10 D   W   F   Y   G
GLDD 4 5 D   W   F   Y   G
LAYN 4 7 D   W   F   Y   G
GV 4 9 D   W   F   Y   G
STRL 4 16 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
FLR 3 2 D   W   F   Y   G
AEGN 2 3 D   W   F   Y   G

 

Stage Analysis: Homebuilders

Ticker Stage Weeks Links
TOL 2 2 D   W   F   Y   G
PHM 2 3 D   W   F   Y   G
LEN 2 4 D   W   F   Y   G
DHI 2 8 D   W   F   Y   G
NVR 2 28 D   W   F   Y   G
GFA 3 1 D   W   F   Y   G
MDC 4 1 D   W   F   Y   G
MHO 4 1 D   W   F   Y   G
BZH 4 6 D   W   F   Y   G
SPF 4 8 D   W   F   Y   G
RYL 4 8 D   W   F   Y   G
TMHC 4 8 D   W   F   Y   G
MTH 4 10 D   W   F   Y   G
KBH 4 11 D   W   F   Y   G
TPH 4 12 D   W   F   Y   G
HOV 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 31.3% 6.3% 62.5%

 

Stage Transitions: Homebuilders

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

 

Stage Analysis: Home Furnishings

Ticker Stage Weeks Links
RH 2 3 D   W   F   Y   G
WSM 2 16 D   W   F   Y   G
HVT 4 5 D   W   F   Y   G
KIRK 4 10 D   W   F   Y   G
BBBY 4 20 D   W   F   Y   G
PIR 4 22 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 2 D   W   F   Y   G
TC 1 5 D   W   F   Y   G
TGB 1 7 D   W   F   Y   G
TRQ 1 9 D   W   F   Y   G
HSC 2 4 D   W   F   Y   G
ZINC 2 4 D   W   F   Y   G
PVG 2 4 D   W   F   Y   G
BHP 2 12 D   W   F   Y   G
MTRN 2 15 D   W   F   Y   G
SLCA 2 16 D   W   F   Y   G
BBL 2 18 D   W   F   Y   G
TAHO 2 20 D   W   F   Y   G
CMP 2 22 D   W   F   Y   G
SWC 2 24 D   W   F   Y   G
GSM 2 38 D   W   F   Y   G
CNX 2 39 D   W   F   Y   G
HCLP 2 61 D   W   F   Y   G
ARLP 2 73 D   W   F   Y   G
RIO 3 3 D   W   F   Y   G
CLD 3 4 D   W   F   Y   G
PLM 3 4 D   W   F   Y   G
URZ 3 6 D   W   F   Y   G
ASM 3 9 D   W   F   Y   G
CCJ 4 2 D   W   F   Y   G
BTU 4 2 D   W   F   Y   G
UAMY 4 2 D   W   F   Y   G
TAS 4 2 D   W   F   Y   G
ACI 4 5 D   W   F   Y   G
MUX 4 6 D   W   F   Y   G
DNN 4 6 D   W   F   Y   G
URG 4 6 D   W   F   Y   G
PBM 4 6 D   W   F   Y   G
VALE 4 8 D   W   F   Y   G
PZG 4 9 D   W   F   Y   G
MIL 4 10 D   W   F   Y   G
RIOM 4 10 D   W   F   Y   G
AXU 4 10 D   W   F   Y   G
AXX 4 11 D   W   F   Y   G
ATL 4 12 D   W   F   Y   G
CHNR 4 12 D   W   F   Y   G
PLG 4 14 D   W   F   Y   G
EMXX 4 15 D   W   F   Y   G
URRE 4 17 D   W   F   Y   G
CLF 4 21 D   W   F   Y   G
ANR 4 22 D   W   F   Y   G
NRP 4 23 D   W   F   Y   G
WLT 4 23 D   W   F   Y   G
TCK 4 29 D   W   F   Y   G
REE 4 33 D   W   F   Y   G
AVL 4 34 D   W   F   Y   G
MCP 4 35 D   W   F   Y   G
NCQ 4 39 D   W   F   Y   G
GMO 4 67 D   W   F   Y   G
PAL 4 69 D   W   F   Y   G
NAK 4 70 D   W   F   Y   G
SVBL 4 163 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

 

Stage Analysis: Internet

Ticker Stage Weeks Links
MOVE 1 1 D   W   F   Y   G
OPEN 2 1 D   W   F   Y   G
GOOGL 2 2 D   W   F   Y   G
AKAM 2 2 D   W   F   Y   G
FB 2 3 D   W   F   Y   G
BIDU 2 3 D   W   F   Y   G
TRIP 2 3 D   W   F   Y   G
WWWW 2 4 D   W   F   Y   G
TTGT 2 6 D   W   F   Y   G
IACI 3 7 D   W   F   Y   G
TER 3 8 D   W   F   Y   G
YHOO 3 11 D   W   F   Y   G
YELP 4 6 D   W   F   Y   G
AWAY 4 6 D   W   F   Y   G
TZOO 4 11 D   W   F   Y   G
YNDX 4 12 D   W   F   Y   G
BCOR 4 14 D   W   F   Y   G
LNKD 4 17 D   W   F   Y   G
HSTM 4 17 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.3% 42.2% 15.8% 36.9%

 

Stage Transitions: Internet

Ticker From To Links
MOVE 4 1 D   W   F   Y   G
OPEN 4 2 D   W   F   Y   G

 

Stage Analysis: Information Technology Services

Ticker Stage Weeks Links
RAX 1 2 D   W   F   Y   G
SYKE 2 2 D   W   F   Y   G
ACN 2 3 D   W   F   Y   G
RVBD 2 4 D   W   F   Y   G
EPAM 2 4 D   W   F   Y   G
VRTU 2 4 D   W   F   Y   G
IT 2 7 D   W   F   Y   G
IGTE 2 9 D   W   F   Y   G
XRX 2 11 D   W   F   Y   G
CDW 2 20 D   W   F   Y   G
CBR 2 25 D   W   F   Y   G
CSC 2 49 D   W   F   Y   G
VNET 2 52 D   W   F   Y   G
FIS 2 86 D   W   F   Y   G
IBM 3 1 D   W   F   Y   G
NOW 3 1 D   W   F   Y   G
WIT 3 7 D   W   F   Y   G
RDWR 3 8 D   W   F   Y   G
SYNT 4 3 D   W   F   Y   G
ACXM 4 6 D   W   F   Y   G
UIS 4 6 D   W   F   Y   G
NCR 4 10 D   W   F   Y   G
EPIQ 4 12 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.4% 56.6% 17.4% 21.8%

 

Stage Transitions: Information Technology Services

Ticker From To Links
IBM 2 3 D   W   F   Y   G
NOW 4 3 D   W   F   Y   G

 

Stage Analysis: Jewelry

Ticker Stage Weeks Links
TIF 2 7 D   W   F   Y   G
SIG 2 39 D   W   F   Y   G
DGSE 4 6 D   W   F   Y   G
NILE 4 17 D   W   F   Y   G
BGI 4 22 D   W   F   Y   G
CTHR 4 24 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 16 D   W   F   Y   G
LIT 2 2 D   W   F   Y   G
FMC 2 3 D   W   F   Y   G
ROC 2 4 D   W   F   Y   G
PPO 2 4 D   W   F   Y   G
ARTX 2 5 D   W   F   Y   G
GB 2 75 D   W   F   Y   G
WLC.TO 3 3 D   W   F   Y   G
CBAK 4 1 D   W   F   Y   G
ORL.TO 4 2 D   W   F   Y   G
ALTI 4 6 D   W   F   Y   G
LAC.TO 4 20 D   W   F   Y   G
RM.V 4 171 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.7% 46.2% 7.7% 38.5%

 

Stage Transitions: Lithium

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

 

Stage Analysis: Lodging

Ticker Stage Weeks Links
EXPE 2 4 D   W   F   Y   G
MHGC 2 4 D   W   F   Y   G
CTRP 2 16 D   W   F   Y   G
MAR 2 40 D   W   F   Y   G
WYN 2 47 D   W   F   Y   G
IHG 2 48 D   W   F   Y   G
H 2 49 D   W   F   Y   G
HOT 2 78 D   W   F   Y   G
HTHT 3 1 D   W   F   Y   G
CHH 4 1 D   W   F   Y   G
OEH 4 8 D   W   F   Y   G
HMIN 4 12 D   W   F   Y   G
RLH 4 20 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
HTHT 4 3 D   W   F   Y   G
CHH 3 4 D   W   F   Y   G

 

Stage Analysis: Lumber

Ticker Stage Weeks Links
PCH 1 3 D   W   F   Y   G
PCL 1 6 D   W   F   Y   G
RYN 1 8 D   W   F   Y   G
WY 2 6 D   W   F   Y   G
PATK 2 60 D   W   F   Y   G
POPE 3 1 D   W   F   Y   G
JCTCF 4 4 D   W   F   Y   G
BCC 4 8 D   W   F   Y   G
DEL 4 11 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
33.4% 22.3% 11.2% 33.4%

 

Stage Transitions: Lumber

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

 

Stage Analysis: Machine Tools

Ticker Stage Weeks Links
PRLB 1 1 D   W   F   Y   G
BLT 1 2 D   W   F   Y   G
KMT 2 7 D   W   F   Y   G
SWK 2 8 D   W   F   Y   G
TKR 2 18 D   W   F   Y   G
NNBR 2 57 D   W   F   Y   G
CVR 3 5 D   W   F   Y   G
ROLL 4 6 D   W   F   Y   G
HDNG 4 14 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
22.3% 44.5% 11.2% 22.3%

 

Stage Transitions: Machine Tools

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

 

Stage Analysis: Meat Products

Ticker Stage Weeks Links
BRFS 2 6 D   W   F   Y   G
PPC 2 29 D   W   F   Y   G
HRL 2 91 D   W   F   Y   G
IBA 2 102 D   W   F   Y   G
TSN 3 1 D   W   F   Y   G
BRID 4 2 D   W   F   Y   G
LUK 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 57.2% 14.3% 28.6%

 

Stage Transitions: Meat Products

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

 

Stage Analysis: Metal Fabrication

Ticker Stage Weeks Links
BOOM 2 1 D   W   F   Y   G
PCP 2 2 D   W   F   Y   G
SHLO 2 2 D   W   F   Y   G
WOR 2 3 D   W   F   Y   G
AZZ 2 3 D   W   F   Y   G
TS 2 4 D   W   F   Y   G
RS 2 5 D   W   F   Y   G
HAYN 2 12 D   W   F   Y   G
ATI 2 14 D   W   F   Y   G
CRS 2 14 D   W   F   Y   G
VMI 2 25 D   W   F   Y   G
CSTM 2 25 D   W   F   Y   G
ARCW 2 36 D   W   F   Y   G
SIF 2 46 D   W   F   Y   G
TOWR 2 70 D   W   F   Y   G
HIHO 4 1 D   W   F   Y   G
MLI 4 5 D   W   F   Y   G
SCHN 4 6 D   W   F   Y   G
ZEUS 4 7 D   W   F   Y   G
GHM 4 9 D   W   F   Y   G
MEA 4 9 D   W   F   Y   G
CAS 4 11 D   W   F   Y   G
BRSS 4 14 D   W   F   Y   G
RTI 4 16 D   W   F   Y   G
GIFI 4 21 D   W   F   Y   G
GTLS 4 25 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 57.7% 0.0% 42.4%

 

Stage Transitions: Metal Fabrication

Ticker From To Links
BOOM 1 2 D   W   F   Y   G
HIHO 3 4 D   W   F   Y   G

 

Stage Analysis: Networking & Communication Devices

Ticker Stage Weeks Links
PANW 2 3 D   W   F   Y   G
SMCI 2 8 D   W   F   Y   G
CSCO 2 9 D   W   F   Y   G
FNSR 3 5 D   W   F   Y   G
ESYS 3 5 D   W   F   Y   G
JNPR 3 6 D   W   F   Y   G
SILC 3 8 D   W   F   Y   G
ARUN 4 2 D   W   F   Y   G
ELON 4 3 D   W   F   Y   G
CNTF 4 4 D   W   F   Y   G
LTRX 4 5 D   W   F   Y   G
EXTR 4 6 D   W   F   Y   G
GIMO 4 11 D   W   F   Y   G
BBOX 4 15 D   W   F   Y   G
DGII 4 15 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

 

Stage Analysis: Natural Gas

Ticker Stage Weeks Links
APA 2 6 D   W   F   Y   G
OAS 2 8 D   W   F   Y   G
CHK 2 9 D   W   F   Y   G
PXD 2 17 D   W   F   Y   G
UPL 2 22 D   W   F   Y   G
SWN 2 30 D   W   F   Y   G
GTE 3 7 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
RIG 1 1 D   W   F   Y   G
NE 1 1 D   W   F   Y   G
ESV 1 2 D   W   F   Y   G
ATW 1 2 D   W   F   Y   G
ORIG 1 2 D   W   F   Y   G
SDRL 1 3 D   W   F   Y   G
CEO 1 4 D   W   F   Y   G
PWE 2 1 D   W   F   Y   G
MHR 2 1 D   W   F   Y   G
BBG 2 1 D   W   F   Y   G
EVEP 2 2 D   W   F   Y   G
NOG 2 2 D   W   F   Y   G
TAT 2 3 D   W   F   Y   G
PBR 2 4 D   W   F   Y   G
SDLP 2 4 D   W   F   Y   G
MVO 2 4 D   W   F   Y   G
PBR-A 2 5 D   W   F   Y   G
LGCY 2 5 D   W   F   Y   G
CVE 2 7 D   W   F   Y   G
PGH 2 7 D   W   F   Y   G
HGT 2 8 D   W   F   Y   G
HK 2 9 D   W   F   Y   G
AAV 2 12 D   W   F   Y   G
BPZ 2 14 D   W   F   Y   G
WLL 2 17 D   W   F   Y   G
CXO 2 18 D   W   F   Y   G
NBR 2 23 D   W   F   Y   G
SD 2 23 D   W   F   Y   G
REI 2 23 D   W   F   Y   G
PES 2 25 D   W   F   Y   G
BBEP 2 35 D   W   F   Y   G
PTEN 2 38 D   W   F   Y   G
CRT 2 39 D   W   F   Y   G
VNR 2 40 D   W   F   Y   G
UNT 2 48 D   W   F   Y   G
VET 2 49 D   W   F   Y   G
ERF 2 57 D   W   F   Y   G
HP 2 59 D   W   F   Y   G
REXX 3 1 D   W   F   Y   G
DO 4 2 D   W   F   Y   G
WTI 4 2 D   W   F   Y   G
PACD 4 14 D   W   F   Y   G
RDC 4 26 D   W   F   Y   G
AREX 4 29 D   W   F   Y   G
HERO 4 29 D   W   F   Y   G
VTG 4 45 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
15.3% 67.4% 2.2% 15.3%

 

Stage Transitions: Oil and Gas – Drilling & Exploration

Ticker From To Links
RIG 4 1 D   W   F   Y   G
NE 4 1 D   W   F   Y   G
PWE 1 2 D   W   F   Y   G
MHR 3 2 D   W   F   Y   G
BBG 1 2 D   W   F   Y   G
REXX 2 3 D   W   F   Y   G

 

Stage Analysis: Oil and Gas – Equipment & Services

Ticker Stage Weeks Links
NR 1 1 D   W   F   Y   G
OII 1 2 D   W   F   Y   G
TDW 1 3 D   W   F   Y   G
HOS 1 3 D   W   F   Y   G
GLF 1 3 D   W   F   Y   G
MRC 1 7 D   W   F   Y   G
IO 1 15 D   W   F   Y   G
HLX 2 2 D   W   F   Y   G
NGS 2 2 D   W   F   Y   G
OIS 2 4 D   W   F   Y   G
TESO 2 8 D   W   F   Y   G
FTI 2 9 D   W   F   Y   G
NOV 2 10 D   W   F   Y   G
FET 2 12 D   W   F   Y   G
WFT 2 16 D   W   F   Y   G
SPN 2 16 D   W   F   Y   G
SYRG 2 16 D   W   F   Y   G
WG 2 16 D   W   F   Y   G
CAM 2 17 D   W   F   Y   G
PDS 2 17 D   W   F   Y   G
HAL 2 18 D   W   F   Y   G
TLLP 2 19 D   W   F   Y   G
GSJK 2 22 D   W   F   Y   G
EMES 2 27 D   W   F   Y   G
EXH 2 32 D   W   F   Y   G
BAS 2 33 D   W   F   Y   G
CJES 2 40 D   W   F   Y   G
CRR 2 44 D   W   F   Y   G
RES 2 48 D   W   F   Y   G
SLB 2 49 D   W   F   Y   G
NOA 2 56 D   W   F   Y   G
BHI 2 69 D   W   F   Y   G
ACMP 2 99 D   W   F   Y   G
EXLP 3 3 D   W   F   Y   G
KEG 3 4 D   W   F   Y   G
DRQ 3 5 D   W   F   Y   G
TTI 3 5 D   W   F   Y   G
CLB 4 2 D   W   F   Y   G
PKD 4 7 D   W   F   Y   G
CKH 4 13 D   W   F   Y   G
MDR 4 15 D   W   F   Y   G
EXXI 4 26 D   W   F   Y   G
CGG 4 37 D   W   F   Y   G

 

Stage 1