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Market note AH ·

AW25 · Relative strength — SHOP 1.99 / FSLY -0.68

June 4, 2026: SHOP tops the AW25 relative-strength ranking at 1.99, FSLY sits at -0.68 (measured over the last 31 selloff sessions).

AW25 constituent relative strength for June 4, 2026. rs > 1 = outperformed the benchmark during recent selloff sessions; rs < 1 = underperformed.
Top rs: SHOP 1.99 · MDB 1.74 · DOCN 1.71.
Bottom rs: FSLY -0.68 · WDAY 0.34 · AAPL 0.38.
Coverage: 25 of 25 AW25 constituents with a valid rs reading.
rs complements the temperature composite — temperature scores a constituent's current 5-dimension state, rs scores how it has behaved vs. the AW25 basket in stress windows.
→ closelook.net/indices/aw25/