WY-06-25
Relative Strength and Opportunity Screening
Decisions, Execution & Validation
Sam Rivera
Full Chapters / WY-06-25
Relative strength analysis addresses not whether an instrument will rise, but which instruments deserve priority for further study under the same market conditions. A price chart can show an instrument's own trend, trading ranges, and changes in price and volume, but cannot by itself establish whether that performance comes from a broad market advance or stronger demand for the instrument itself. Comparing it with the broad market, its industry, or another suitable benchmark allows us to distinguish shared movement from relative performance.
The course video is not yet available. This interface demo uses a separate MT animation, not the lesson video.
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7 lessons · Chapter contents
01Purpose and Comparison Universe of Relative Strength Analysis↗02Comparing an Instrument with the Overall Market, Industry, or a Suitable Benchmark↗03Relative Performance During Advances and Pullbacks↗04Relative Strength Ratios and Swing Comparisons↗05Relative Strength Analysis Versus the RSI Indicator↗06Joint Screening of Relative Performance, Structural Location, and Potential Risk↗07From Initial Screening to Trade Execution↗The course transcript will be available with the finished video. The captions below belong to the interface demo.
Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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Point-and-Figure Charts and Price Target Estimation
The Nine Buying and Selling Tests and Trading Scenarios
