Metal Sector Analysis

🟡 weakening

6 constituents · Updated 2026-10-19

Rotation Score

-4.6

Momentum Score

-18.1

Weekly Return

+2.5%

Monthly Return

-5.3%

Avg RSI

35.9

Neutral

Avg ADX

23.4

Weak/No Trend

Top Gainers

1JSWSTEEL

-1.0%

2SAIL

-3.5%

3VEDL

-5.5%

Top Losers

1HINDALCO

-8.2%

2JINDALSTEL

-7.7%

3TATASTEEL

-7.1%

Volume Leaders

1JSWSTEEL

1.98x

2JINDALSTEL

0.84x

3VEDL

0.55x

Rotation & Relative Strength Trends (180d)

History · 72 days

🟡

Why is this sector weakening?

2/8 bullish

Relative Strength above NIFTY500 (RS Score: +4.37)

Momentum is negative and declining (Score: -18.09)

Average RSI below 40 (35.9) — weak buying pressure

Average ADX at 23.4 — weak trend, possible consolidation

33% of stocks above 200 EMA (2/6)

Weekly return: +2.55%

Monthly return: -5.33%

3-month return: -2.06%

Sector Constituents · 6 stocks

Sort:

#	Stock	Score	RS	Momentum	RSI	ADX	Volume	52W High	EMA	Trend
1	JSWSTEEL	48.4	+10.9	-1.0%	51	23	1.98x	-7.4%	2050200	Mixed
2	SAIL	23.8	+36.4	-3.5%	40	21	0.25x	-18.0%	2050200	Mixed
3	HINDALCO	10.3	+19.3	-8.2%	39	31	0.48x	-21.7%	2050200	Downtrend
4	JINDALSTEL	6.7	+2.9	-7.7%	39	34	0.84x	-19.2%	2050200	Downtrend
5	TATASTEEL	2.3	+4.5	-7.1%	39	18	0.53x	-21.3%	2050200	Downtrend
6	VEDL	-22.3	-50.4	-5.5%	37	14	0.55x	-69.1%	2050200	Downtrend

JSWSTEELMixed

48.4

RS +10.9Mom -1.0%RSI 51ADX 23Vol 1.98x52W -7.4%

SAILMixed

23.8

RS +36.4Mom -3.5%RSI 40ADX 21Vol 0.25x52W -18.0%

HINDALCODowntrend

10.3

RS +19.3Mom -8.2%RSI 39ADX 31Vol 0.48x52W -21.7%

JINDALSTELDowntrend

6.7

RS +2.9Mom -7.7%RSI 39ADX 34Vol 0.84x52W -19.2%

TATASTEELDowntrend

2.3

RS +4.5Mom -7.1%RSI 39ADX 18Vol 0.53x52W -21.3%

VEDLDowntrend

-22.3

RS -50.4Mom -5.5%RSI 37ADX 14Vol 0.55x52W -69.1%

About the Metal Sector & Relative Strength Metrics

The Metal sector represents a key component of the Indian markets. Tracking its relative strength index enables swing traders and quantitative portfolio managers to optimize asset allocation strategies dynamically.

Under the hood, SectorLens rates the entire constituent list of Metal against the Nifty 500 index benchmark (^CRSLDX). We compute both relative strength (RS) scores and momentum indicators to plot coordinates on the Relative Rotation Graph (RRG).

Sectors in the 🟢 Leading quadrant indicate strong relative strength and positive momentum, attracting institutional money flow. Conversely, 🔴 Lagging status indicates underperformance, where traders typically avoid long exposures.

How to use this data: Identify top-ranking stocks within leading sectors to build high-probability momentum trading setups. Link back to our Relative Rotation Graph (RRG) tool or the Sectors Leaderboard for market-wide comparison.

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