These 5 S&P 500 Stocks Show New Highs On Declining Relative Strength
Key Takeaways
The issue is not just with the S&P 500. Big, well-known names within the index are also showing weakening relative strength per Wilder’s oscillator.
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4 min read
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investment
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July 19, 2025
12:30 PM
Forbes
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From an analytical standpoint, MoneyThese 5 S&P 500 Stocks Show New Highs On Declining Relative StrengthByJohn Navin, Contributor
Forbes contributors publish independent expert analyses and insights
John Navin is a Colorado-based journalist who writes stocks
Additionally, AuthorJul 19, 2025, 12:30pm EDTS&P 500, Blackrockgetty The S&P 500 on Friday hit another new high – it was brief as sellers showed up and the index closed lower by
July has been a month of new highs
However, It’s also been a month of a declining relative strength indicator
This analysis suggests that negative divergence between price and a key indicator might be a blem
The RSI, as it’s known to price chart analysts, is a momentum oscillator (this bears monitoring)
Furthermore, Developed by nical analyst J
Welles Wilder, Junior in the 70s, his work on the subject was first published in the book “New Concepts In nical Trading Systems, considering recent developments
Nevertheless, ” Forbes in 1980 called him “the premier nical trader publishing his work today
Additionally, ” The issue is not just with the S&P 500
Additionally, Big, well-known names within the index are also showing weakening relative strength per Wilder’s oscillator. 5 S&P 500 Stocks With Weakening RSI S&P 500: S&P 500 daily price chart, 7 19 25
In contrast, Com The red-dotted lines show the negative divergence between the direction of price and the direction of the RSI momentum oscillator
On the other hand, Blackrock: MORE FOR YOU Blackrock daily price chart, 7 19 25
Com The big asset management firm hit a new high Friday and the relative strength indicator failed to confirm the move by coming in lower than it’s earlier July reading
On the other hand, The stock retreated from the higher price high during the session and closed lower by
Blackrock is market capitalized at $170. 97 billion
Genius Sports Limited:Genius Sports Limited daily price chart, 7 19 25
Com The price just hit a new high
The relative strength indicator peaked in November 2024 and did not accompany the stock on to a higher high on Friday
However, You can see how the 50-day moving average no longer trends upward
Genius Sports Limited has a market cap of $2. 89 billion and it’s a member of the Russell 2000 small caps ETF, in today's financial world
MMM:MMM daily price chart, 7 19 25, in this volatile climate
Moreover, Stockcharts
Moreover, Com The relative strength indicator peaked in January and is now lower even as the stock’s price is hitting a new high
Friday’s volume is extraordinary
The candlestick is a bearish engulfing: the high is higher than the previous session and the low is lower than the previous session, in this volatile climate
MMM has a market cap of $82
Moreover, 47 billion, given the current landscape
Moreover, Raytheon nologies:Raytheon nologies daily price chart, 7 19 25
Com The aerospace and defense company with a market cap of $202 billion has a negative divergence on its daily price chart, amid market uncertainty
Nevertheless, The stock just hit a new high and, at the same time, the relative strength indicator could not make it above its mid-June reading, in today's market environment
Note that July volume levels are subdued compared to earlier months, in today's financial world
Additionally, Conversely, Charles Schwab:Charles Schwab daily price chart, 7 19 25
Stockcharts, in light of current trends
Com The RSI peak came in mid-May and the measure is now lower as the stock itself makes a new high on decent buying volume
Additionally, Schwab remains in an uptrend as indicated by the direction of the 50-day and the 200-day moving averages
Additionally, Market cap for the capital firm is $174 billion
The RSI is only one indicator of momentum and should be seen in the context of other price indicators
Stats courtesy of FinViz
On the other hand, However, Charts courtesy of Stockcharts
On the other hand, No artificial intelligence was used in the writing of this post
More analysis and ary at johnnavin
On the other hand, Editorial StandardsRes & PermissionsLOADING PLAYER (which is quite significant).
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