NQUSB Sector Industry Stocks Strength

A Comprehensive Multi-Industry Performance Comparison Tool
The complete Pine Script code and supporting Python automation scripts are available on GitHub:
GitHub Repository: https://github.com/simsisim/tradingview_indicators

Original idea from [tradingview.com/script/5NsvcOVp-Industry-Group-Strength/] by tradingview.com/u/Amphibiantrading/.
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═══ WHAT'S NEW ═══
4-Level Hierarchical Navigation:

• Primary: All 11 NQUSB sectors (NQUSB10, NQUSB15, NQUSB20, etc.)
  
• Secondary (Default): Broad sectors like Technology, Energy
  
• Tertiary: Industry groups within sectors
  
• Quaternary: Individual stocks within industries (37 semiconductors)
  

Enhanced Stock Coverage:

• 1,176 total stocks across 129 industries
  
• 37 semiconductor stocks
• Market-cap weighted selection: 60% tech / 35% others
  
• Range: 1-37 stocks per industry
  

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═══ CORE FEATURES ═══
1. Drill-Down/Drill-Up Navigation
View NVDA at different granularity levels:

• Quaternary: ● NVDA ranks #3 of 37 semiconductors
  
• Tertiary: ✓ Semiconductors at 85% (strongest in tech hardware)
  
• Secondary: ✓ Tech Hardware at 82% (stronger than software)
  
• Primary: ✓ Technology at 78% (#1 sector overall)
  

Insight: One indicator, one stock, four perspectives - instantly see if strength is stock-specific, industry-specific, or sector-wide.
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2. Visual Current Stock Identification
Violet Markers - Instant Recognition:

• ● (dot) marker when current stock is in top N performers
• ✕ (cross) marker when current stock is below top N
• Violet color (#9C27B0) on both symbol and value labels
  
• Example: "NVDA ● ranks #3 of 37"
  

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3. Rank Display in Title
Dynamic title shows performance context:

• "Semiconductors (RS Rating - 3 Months) | NVDA ranks #3 of 37"
  
• #1 = Best performer, higher number = lower rank
  
• Total adjusts if current stock auto-added
  

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4. Auto-Add Current Stock
Always Included:

• Current stock automatically added if not in predefined list
  
• Example: Viewing PRSO → "PRSO ranks #37 of 39 ✕"
  
• Works for any stock - from NVDA to obscure small-caps
  
• Violet markers ensure visibility even when ranked low
  

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═══ DUAL PERFORMANCE METRICS ═══
RS Rating (Relative Strength):

• Normalized strength score 1-99
  
• Compare stocks across different price ranges
  
• Default benchmark: SPX
  

% Return:

• Simple percentage price change
  
• Direct performance comparison
  

11 Time Periods:
1 Week, 2 Weeks, 1 Month, 2 Months, 3 Months (Default), 6 Months, 1 Year, YTD, MTD, QTD, Custom (1-500 days)
Result: 22 analytical combinations (2 metrics × 11 periods)
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═══ USE CASES ═══
Sector Rotation Analysis:

• Is NVDA's strength semiconductors-specific or tech-wide?
  
• Drill through all 4 levels to find answer
  
• Identify which industry groups are leading/lagging
  

Finding Hidden Gems:

• JPM ranks #3 of 13 in Major Banks
  
• But Financials sector weak overall (68%)
  
• = Relative strength play in weak sector
  

Cross-Industry Comparison:

• 129 industries covered
  
• Market-wide scan capability
  
• Find strongest performers across all sectors
  

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═══ TECHNICAL SPECIFICATIONS ═══
V32 Stats:

• Total Industries: 129
  
• Total Stocks: 1,176
  
• File Size: 82,032 bytes (80.1 KB)
  
• Request Limit: 39 max (Semiconductors), 10-16 typical
  
• Granularity Levels: 4 (Primary → Quaternary)
  

Smart Stock Allocation:

• Technology industries: 60% coverage
  
• Other industries: 35% coverage
  
• Market-cap weighted selection
  
• Formula: MIN(39, MAX(5, CEILING(total × percentage)))
  

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═══ KEY ADVANTAGES ═══
vs. Single Industry Tools:

• ✓ 129 industries vs 1
  
• ✓ Market-wide perspective
  
• ✓ Hierarchical navigation
  
• ✓ Sector rotation detection
  

vs. Manual Comparison:

• ✓ No ETF research needed
  
• ✓ Instant visual markers
  
• ✓ Automatic ranking
  
• ✓ One-click drill-down
  

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For complete documentation, Python automation scripts, and CSV data files:
https://github.com/simsisim/tradingview_indicators

Version: V32
Last Updated: 2025-11-30
Pine Script Version: v5