RS Line New High & RS Line New High Before Price
The RS Line is a comparison of a stock’s performance versus the S&P 500. When the RS Line is at new highs, this indicates a stock is significantly outperforming the general market. Relative strength is often indicative of continued upward momentum and is key to finding true market leaders.
This screen scans for stocks where the RS Line is at a new high or new high before price, often indicating institutional accumulation. Keep an eye out for a rising RS Line during market downturns, as these stocks are often the first to lead when the market recovers.