Relative Strength Confluence Strip

RS Confluence Strip – Relative Strength Dashboard

This indicator gives a quick visual read on how the current stock is performing relative to the broader market, its sector, and its industry/theme.

It displays six boxes across the chart:

Four selectable market indices (SPY, QQQ, IWM, DIA, etc.)
One selectable sector ETF (XLK, XLE, XLF, etc.)
One selectable industry or theme ETF (SMH, IGV, IBB, XOP, etc.)

Each box shows a 0–100 relative strength rank, based on a user-defined lookback period. The number tells you where the stock’s relative performance currently sits within its recent range.

Higher numbers = stronger outperformance
Lower numbers = relative weakness
Mid-range = neutral

**The industry/theme selection must be adjusted manually to match the current ticker.

You can adjust:

The benchmarks used
The lookback length
Colors (bull / bear / neutral / text)
Position on the chart
Vertical spacing (for stacking with other indicators)
Optional outer border

This tool doesn’t generate trade signals. It’s designed to support a top-down process and help confirm strength or weakness before entering a position.