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. Stockcharts.
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. Stockcharts.
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. Stockcharts. 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. Stockcharts.
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.
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