Don't Ignore This Chart!

US Steel Tops the List of SCTR Movers

Arthur Hill

Arthur Hill

Chief Technical Strategist, TrendInvestorPro.com

US Steel (X) is getting a bounce off support on the price chart and its SCTR is breaking above 50 with a big move. This list below shows eleven S&P 500 stocks with the biggest changes in their StockCharts Technical Rank (SCTR). Two are HMO stocks (UNH, WLP), two come from the biotech group (AMGN, GILD) and three are in the tech sector (MSFT, NVDA, LRCX).

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More