When we debuted our StockCharts Technical Rankings (SCTRs) back in November of last year, little did we know that the strongest stock for most of 2012 was just completing its turnaround. Check out this chart of PHM and its historical SCTR line:
This is another b-i-g chart, you may need to click it once or twice to get the full effect (or just click here for a live version). Pulte's continued strength is both technically impressive and economically promising. It has spent more time at 99.9 on our SCTR charts than any other stock so far.
- Chip
About the author:
Chip Anderson is the founder and president of StockCharts.com.
He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997.
Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry.
In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site.
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