As the market surges higher in the last month or so, we are seeing widespread green across all time frames. There is one notable exception – Telecommunications, as it continues to bring up the rear across all time frames in the latest ASX Sector Analysis for the week beginning 20 November 2017.
The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months. If a sector appears above the S&P/ASX 200 index (XJO), then it has outperformed the XJO during that period. If it appears below, then it has underperformed. The colour depicts whether the index has risen or fallen during that time period.
Click on the image below for a larger, clearer image.
Calculations performed in MetaStock
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