SteadyTapeQuantitative Market Research

Sector Momentum

Sector XLY watch (RSI 35), RS -9.4% vs SPY. Median 1 month forward: +1.9%. XLY approaching oversold — wait for RSI cross back above 32 to confirm.

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Sector ETF lookback returns + cross-asset (QQQ/IWM) leadership rotation.

Best RS
XLK
Worst RS
XLC
SPY RSI
49
As of
2026-06-05

When to run this study

Run weekly or during sector rotation environments. Useful for identifying which sectors are outperforming or underperforming SPY and spotting early rotation signals before they become consensus trades.

Historical results

Cross-Asset RSI

PairRSI(14)RatioSignal
QQQ/SPY47.90231.20Neutral
IWM/SPY48.1064.50Neutral
QQQ/IWM50.10358.50Neutral