Comparative Relative Strength: See which stocks are outperforming the market

Just because a stock is going up does not mean it is doing well.

On many days, the market itself moves up. Most stocks will show green candles, and everything looks fine on the chart. But what matters is whether a stock is outperforming the market or simply following it.

That difference is easy to miss if you only look at price.

Comparative Relative Strength indicator helps you see that. It compares a stock’s performance to the market so you can quickly tell if it is leading or lagging.

What it does

This indicator compares how a stock is performing against a benchmark like NIFTY50. It plots a line below your price chart. NIFTY50 is the default benchmark, but you can change it to any other index you prefer.

If the line is rising, the stock is outperforming. If the line is falling, it is lagging. Your price chart stays unchanged, and the comparison runs in the background.

A quick example

Look at Apollo Hospitals on a 5-minute chart. Price trends steadily higher and trades near ₹7,080 by early afternoon. It looks like a clean move.

Now add Comparative Relative Strength with NIFTY50 as the benchmark. The line rises and holds through pullbacks, even while NIFTY stays flat. That shows Apollo is gaining stronger momentum than the broader market.

Why it matters

In choppy or flat markets, many stocks bounce randomly. This indicator helps you spot the ones showing real strength relative to the index.

How it works

It compares the percentage change of a stock to its benchmark.

If the line is above zero and rising, the stock is outperforming. If it is below and falling, the stock is underperforming. No manual work needed.

Where it applies

Use it on any stock, ETF, or index where benchmark comparison adds context.

Where to find it

Available on FYERS Web, FYERS App, and FYERS Trader.

  • Open any chart
  • Go to Indicators
  • Search for Comparative Relative Strength
  • Select your benchmark and timeframe

If you want to spend more time on strong stocks and less time chasing random moves, this tool makes the difference clear.

9 Likes

Hmm ithu nokkatte :thinking: Actually oru doubt ullath, if market also going up and stock also going up, the line will still show outperforming? Because sometimes I feel stock going up but actually nifty more aanu poyath :sweat_smile: Apollo example kanda manasilaayi but still want to try it myself before fully trusting it :grinning_face_with_smiling_eyes:.

hey veronica,

Let us say today Nifty goes up 1% and your stock also goes up but only 0.4%. Your stock looks green on the chart but Comparative Relative Strength line will actually fall because stock moved less than Nifty. Now flip it. Nifty goes up 1% and your stock goes up 1.8%. Now the line rises because stock outperformed Nifty even though both are green.

So the line is purely about the difference in percentage move between your stock and Nifty. Not about whether your stock is up or down on that day. That is why green candle alone can be misleading. This indicator removes that confusion :folded_hands:

try using it on any stocks, u will get to know about it.

3 Likes

when you taught or any learing lesson to provide your followers please make it detail learing video must be your youtube official chanel. Hope it will be Considrer with Top priyority. no needed to short video like as reels as girls are post.

the chart value is showing as 0.01 in the scale . Please see screenshot on the right side

Hey @arpit_tiwari

Comparative Relative Strength helps you benchmark any symbol against an index or another stock. By default, it compares the selected symbol with Nifty. In this case, the current chart is being compared with Nifty, which is why those values are appearing.

1 Like

Does it mean the value will not change as the scale is only having 0.1 value