How can I drill down into sectors to see the different industry groups and stocks?
The Sector Summary at StockCharts.com provides chartists the means to gauge sector performance and then drill down into their preferred sector. Links to the Sector Summary can be found on the Home page (just under the Today in the Market chart) or on the Free Charts page (in the right navigation under Other Tools). Users...
Rising Wedge Threatens Island Reversal in the Basic Materials SPDR
The Basic Materials SPDR (XLB) reversed higher last week with an island reversal, but stalled over the last 4-5 days and a rising wedge is taking shape. For now, the gap...
Rising Wedge Threatens Island Reversal in the Basic Materials SPDR
The Basic Materials SPDR (XLB) reversed higher last week with an island reversal, but stalled over the last 4-5 days and a rising wedge is taking shape. For now, the gap...
FirstTrust Internet ETF Gaps above Wedge Resistance
The FirstTrust Internet ETF (FDN) broke out with a gap last week and that gap is holding. Mind that gap! The gap is bullish as long as it holds. Also notice...
Home Construction iShares Hits 52-week High and Components Follow Suit
The Home Construction iShares (ITB) is leading the market higher again with a fresh 52-week high this week. The chart below also shows the Price Relative (ITB:SPY ratio) hitting a new high. Below this chart is a snapshot from today's new high list. A sort by industry group shows nine home builders hitting 52-week highs....
Harman and Whirlpool Show Biggest Gains in StockCharts Technical Rank
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. These are the stocks with the biggest technical rank moves within the S&P 500. Click the table headings to sort...
Consumer Staples Bullish% Index Shows the Most Strength
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....
What indicators can I use to set a stop-loss?
SharpCharts has several indicators that can be use to set stops. Wells Wilder, creator of RSI and the Average Directional Index (ADX), developed two indicators that can be used to set stops: the Parabolic SAR and Average True Range (ATR). Parabolic SAR is a stop-and-reverse system that adjusts as prices change direction. It is below...
Stochastic Pop and Drop
Developed by Jake Berstein, modified by David Steckler and tweaked at StockCharts, here is a scan that uses the Stochastic Oscillator to idenfity price pops and price drops. The bullish Stochastic Pop looks for stocks with a long-term Stochastic Oscillator above 50, an ADX value below 20 and a short-term Stochastic Oscillator surge above 80....
Dow Bounces off Bullish Support Line on P&F Chart
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...
Citrix Gaps Down after Shooting Star Candlestick
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...
Apple CCI Becomes Oversold for Third Time in Twelve Months
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...
