Sunday, October 31, 2021

Trendfollowing Healthcare stocks

Healthcare Sector stocks are showing signs of strength

After a selloff in September and into October the Healthcare SPDR ETF (XLV) is regaining relative strength vs.The S&P 500 Index. For people with a trend investing SPDR Sector and Industry Portfolio, this one belongs in it.

Three Health Sector stocks gaining relative strength vs. The S&P 500 Index, over a 39 week moving average, stock charts below:

  • Harvard Bioscience, Inc. (HBIO), Industry: Medical Instruments & Supplies
  • Syneos Health, Inc. (SYNH), Industry: Diagnostics & Research
  • COMPASS Pathways plc (CMPS), Industry: Medical Care Facilities
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