Home > Term: Relative strength
Relative strength
Shows on a scale of 1 to 99, with 1 being lowest and 99 being the highest; how the stock has performed compared with all other companies in S&P's universe of companies on a rolling 13-week basis. Relative strength is a measure of momentum. A high number indicates strong market performance while a low number indicates weak performance.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- Harry8L
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(London, United Kingdom)