Don't Ignore This Chart! April 30, 2012 at 03:31 PM
The StockCharts Technical Rank (SCTR) is updated throughout the day so traders can find stocks making significant technical moves when they happen. The table below represents a snapshot from April 30th at 12:21 PM ET... Read More
Don't Ignore This Chart! April 27, 2012 at 02:37 PM
The Consumer Staples Bullish% Index ($BPSTAP) is the strongest of the nine sector SPDR Bullish Percent Indexes. It is interesting that the BPI for this defensive sector shows the most strength... Read More
Don't Ignore This Chart! April 25, 2012 at 03:11 PM
The Dow Industrials remains in a long-term uptrend as it bounced off the bullish support line extending up from October 2011. This line and the April low combine to mark a key support zone in the 12850-12900 area... Read More
Don't Ignore This Chart! April 24, 2012 at 02:04 PM
After hitting resistance in the 80-81 area in March, Citrix (CTXS) failed once again at this level with a shooting star candlestick last week. Notice the long upper shadow extending above 80... Read More
Don't Ignore This Chart! April 23, 2012 at 03:04 PM
When it comes to the Commodity Channel Index (CCI), there is oversold and then there is OVERSOLD. Readings below -100 are average oversold, while anything below -200 is really oversold. For just the third time in twelve months, 20-day CCI for Apple moved below -200... Read More
Don't Ignore This Chart! April 20, 2012 at 01:06 PM
The Nasdaq 100 ETF (QQQ) managed to firm after Monday's sharp decline, but remains within a short-term downtrend defined by a falling flag. It would take a move above resistance at 67 to reverse this fall... Read More
Don't Ignore This Chart! April 19, 2012 at 02:05 PM
The Sector Market Carpet shows big gains in three stocks powering these industry groups. EBAY is up over 15% and leading the internet group. FFIV is up over 13% and leading the networking group. Both groups are part of the technology sector... Read More
Don't Ignore This Chart! April 18, 2012 at 07:14 PM
Morgan Stanley fell to support with a sharp decline from late March to early April and then consolidated the last eight days. While the stock market bounced, MS remained flat and is lagging the market the past week... Read More
Don't Ignore This Chart! April 17, 2012 at 03:23 PM
The Industry Summary page provides chartists with an easy way to view performance for the nine big sectors and the industry groups that make up these sectors. The image below shows DJ US Coal Industry Index ($DJUSCL) leading the energy sector with a 4 plus percent gains... Read More
Don't Ignore This Chart! April 16, 2012 at 05:46 PM
With a bounce the last four days, the Transport iShares (IYT) held support from the early March low and remained range bound. Notice how the ETF has traded between 89.7 and 96 since mid January. Chartists should watch this range for the next directional signal... Read More
Don't Ignore This Chart! April 13, 2012 at 11:22 AM
After falling out of favor in February and March, Hewlett Packard found support around 23 and gapped up on Thursday. Notice that the stock opened strong, moved higher throughout the day and closed strong. This gap looks like a breakaway gap that is confirmed by strong volume... Read More
Don't Ignore This Chart! April 12, 2012 at 02:25 AM
With a sharp move lower the last five days, the German DAX Index ($DAX) is testing support from the March low. In fact, support in the 6600 area extends back to early February. A break below this support level would suggest an even deeper correction that could weigh on US stocks... Read More
Don't Ignore This Chart! April 11, 2012 at 12:27 PM
Priceline has been one of the top performers over the last four months, but a correction may be in the cards after a high-volume bearish engulfing pattern. Notice how the stock opened above the prior close and then declined to close below the prior open... Read More
Don't Ignore This Chart! April 10, 2012 at 10:44 AM
The chart below shows the High-Yield Bond ETF (JNK) breaking below its March low with a sharp decline the last eight days. This is negative for stocks because junk bounds and stocks tend to move in the same direction... Read More
Don't Ignore This Chart! April 09, 2012 at 12:35 PM
The nine S&P Sector SPDRs were mixed last week with the defensive sectors scoring gains and the offensive sectors under pressure... Read More
Don't Ignore This Chart! April 06, 2012 at 11:00 AM
After forming a broadening formation in 2011, the Gold Miners ETF (GDX) broke down with a sharp decline the last six weeks. GDX broke support from the 2011 lows and the next support zone resides in the 47.5 area... Read More
Don't Ignore This Chart! April 05, 2012 at 12:25 PM
The Networking iShares (IGN) shows relative weakness with a lower high in March and channel break the last few days. Relative weakness is also reflected in the price relative (IGN:SPY Ratio), which did not come close to its February high and remains in a downtrend... Read More
Don't Ignore This Chart! April 04, 2012 at 12:44 PM
The chart below shows Dollar Bullish ETF (UUP) hitting support in the 21.8 area and surging the over 1% the last two days. Notice that UUP formed a higher low above the late October low and this surge could signal a continuation of the November-December advance... Read More
Don't Ignore This Chart! April 03, 2012 at 02:28 PM
After a big surge in February, PG moved into a trading range and the Bollinger Bands contracted significantly. This "squeeze" means volatility is contracting, which in turn could foreshadow a volatility expansion (range break)... Read More
Don't Ignore This Chart! April 03, 2012 at 12:31 PM
The new SCTRs feature at StockCharts.com is great for finding stocks that are doing well based on a wide variety of technical factors however sometimes you want to focus in on performance... Read More
Don't Ignore This Chart! April 02, 2012 at 11:12 PM
Even though it may be lagging the S&P 500 ETF (SPY) on a percentage basis, the Consumer Staples SPDR (XLP) is leading the market on a "chart" basis with a 52-week high. In fact, there have been a string of 52-week highs since the latter part of February... Read More
