Sector rotation · Week 45, 2026
Sector rotation map, week of Nov 2–6, 2026
The 12 sector funds against SPY at the close
At the Friday, Nov 6, 2026 close, 6 of the 12 sectors sat in Leading, and Health Care (XLV) had the strongest relative strength against the S&P 500, an RS-Ratio of 102.72, in Weakening.
In the week to Nov 6, 2026, Communication Services (XLC) moved furthest on the map, 4.42 points, from Lagging into Improving, and 4 sectors changed quadrant in all.
2 sectors were in Lagging at the Nov 6, 2026 close, and Technology (XLK) had the weakest relative strength, an RS-Ratio of 97.45 with RS-Momentum at 98.85, still fading.
Where the 12 sit
This week's crossings
- XLC Communication ServicesLagging→Improving
- XLP Consumer StaplesLeading→Weakening
- XLV Health CareLeading→Weakening
- XLE EnergyWeakening→Lagging
The week in numbers
At the Nov 6, 2026 close, 8 of the 12 sectors had an RS-Ratio above 100, relative strength above their own 60-session norm against the S&P 500, down from 9 a week earlier, and 8 had RS-Momentum above 100.
The 3 strongest by RS-Ratio at the Nov 6, 2026 close: Health Care (XLV) at 102.72, Consumer Staples (XLP) at 102.56 and Consumer Discretionary (XLY) at 102.40.
The 3 weakest at the Nov 6, 2026 close: Technology (XLK) at 97.45, Industrials (XLI) at 99.60 and Communication Services (XLC) at 99.71.
In the week to Nov 6, 2026, Communication Services (XLC) gained the most momentum, RS-Momentum up 3.44 to 101.89, while Energy (XLE) lost the most, down 2.06 to 97.79.
The longest run in one quadrant at the Nov 6, 2026 close belongs to Industrials (XLI): Improving for 5 or more weeks running.
All 12 sectors at the close
| Sector | Quadrant | RS-Ratio | RS-Momentum | Week's move |
|---|---|---|---|---|
| XLVHealth Care | Weakening1 wk | 102.72 | 99.96 | 0.67 |
| XLPConsumer Staples | Weakening1 wk | 102.56 | 99.97 | 0.55 |
| XLYConsumer Discretionary | Leading3 wks | 102.40 | 101.87 | 1.46 |
| XRTRetail | Leading4 wks | 102.33 | 101.21 | 0.70 |
| XLUUtilities | Leading3 wks | 101.83 | 100.96 | 0.44 |
| XLFFinancials | Leading3 wks | 101.82 | 101.12 | 1.09 |
| XLREReal Estate | Leading2 wks | 101.77 | 101.61 | 1.32 |
| XLBMaterials | Leading3 wks | 101.64 | 100.68 | 0.47 |
| XLEEnergy | Lagging1 wk | 99.79 | 97.79 | 3.36 |
| XLCCommunication Services | Improving1 wk | 99.71 | 101.89 | 4.42 |
| XLIIndustrials | Improving5+ wks | 99.60 | 100.92 | 0.08 |
| XLKTechnology | Lagging4 wks | 97.45 | 98.85 | 1.33 |
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Each dot is a sector fund measured against SPY at the week's last close, by the readings the MomoEdge Pulse dashboard uses. The map updates at 8:00 AM ET every Saturday with the week's closes. Educational content, not financial advice.