Momentum

One-year leaders

Up more than 50% over a year and still within 10% of the high — momentum that has not rolled over.

Relative strength is the most durable anomaly in equities, and this is its plainest expression: what has gone up keeps going up more often than chance allows. The second condition is what stops it returning last year's winners that have since topped out. Read the guide: The 52-week high strategy on the NSE →

More momentum:Stacked moving averagesStrong but not overboughtTen sessions above the 20-dayVolume buildingFive days of higher closes