Don't Ignore This Chart!

StockCharts Technical Rank Surges as Merck Breaks Flag Resistance


Top ten lists for the StockCharts Technical Rank (SCTR) can now be found on the home page (scroll down). Merck (MRK) stands out from the list of stocks with the biggest SCTR change. The SCTR jumped 12.4 as the stock broke flag resistance and challenged its 2011 highs.

Click this chart for a live image

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at 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
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus