StockCharts Technical Rank (SCTR)


DEFINITION of 'StockCharts Technical Rank (SCTR)'

A numerical ranking for individual stocks in different groups - large cap, mid cap, small cap, U.S. ETFs and Toronto stocks - showing the stock's overall strength based on six technical indicators covering various timeframes. It is also known as the Channellines Technical Rank.

The StockCharts Technical Ranking (SCTR) was created by John Murphy, a technical analyst and author, and is available on It is created using the following formula and weightings:

Long-Term Indicators (weighting)
Percent above/below 200-day SMA (30%)
125-Day Rate-of-Change (30%)
Medium-Term Indicators (weighting)
Percent above/below 50-day SMA  (15%)
20-day Rate-of-Change (15%)
Short-Term Indicators (weighting)
 3-day slope of PPO-Histogram (5%)
 14-day RSI (5%)

BREAKING DOWN 'StockCharts Technical Rank (SCTR)'

Investors choose the group they wish to analyze, which provides a list of stocks within that group ranked from 0 to 99.99. A score of 99.99 means the stock is performing extremely well compared to its peers. 0 is the weakest score, indicating the stock is severely underperforming its peers in the group.

Traders typically want to buy strong stocks, or stocks increasing in SCTR ranking, while selling or shorting stocks that have a weak SCTR ranking.

The SCTR formula covers different timeframes, and a stock must score well on all of them to receive a high score. The most weight is given to the longer-term indicators, since the long-term trend is a more dominant force than short-term fluctuations.

The SCTR compares a stock to its peers, not to a specific benchmark such as the S&P 500 index.

  1. Business Cycle Indicators - BCI

    Composite of leading, lagging and coincident indexes created ...
  2. Composite Index of Leading Indicators

    An index published monthly by the Conference Board used to predict ...
  3. Composite Index of Coincident Indicators

    An index published by the Conference Board that is a broad-based ...
  4. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses ...
  5. Composite Index Of Lagging Indicators

    An index published monthly by the Conference Board that is used ...
  6. Dead Cat Bounce

    A temporary recovery from a prolonged decline or bear market, ...
Related Articles
  1. Trading Strategies

    Using Compound Indicators To Predict Market Fluctuations

    Learn how to combine average true range, simple moving average and Bollinger band indicators to gauge market volatility.
  2. Active Trading

    Using Trading Indicators Effectively

    Select multiple indicators, avoid information overload and optimize indicators to effectively use technical analysis tools.
  3. Forex Education

    Forex Market Sentiment Indicators

    Sentiment Indicators are another tool that can alert traders to extreme conditions.
  4. Options & Futures

    Trading Around Key Options Indicators

    Learn the key economic indicators to help predict market movement.
  5. Fundamental Analysis

    Deadly Flaws In Major Market Indicators

    These indicators give investors and experts some data to work with, but they're far from perfect measures.
  6. Technical Indicators

    Using Technical Indicators To Develop Trading Strategies

    Unfortunately, there is no perfect investment strategy that will guarantee success, but you can find the indicators and strategies that will work best for your position.
  7. Investing

    Where the Price is Right for Dividends

    There are two broad schools of thought for equity income investing: The first pays the highest dividend yields and the second focuses on healthy yields.
  8. Chart Advisor

    Pay Attention To These Stock Patterns Playing Out

    The stocks are all moving different types of patterns. A breakout could signal a major price move in the trending direction, or it could reverse the trend.
  9. Chart Advisor

    Now Could Be The Time To Buy IPOs

    There has been lots of hype around the IPO market lately. We'll take a look at whether now is the time to buy.
  10. Stock Analysis

    Allstate: How Being Boring Earns it Billions (ALL)

    A summary of what Allstate Insurance sells and whom it sells it to including recent mergers and acquisitions that have helped boost its bottom line.
  1. Can working capital be too high?

    A company's working capital ratio can be too high in the sense that an excessively high ratio is generally considered an ... Read Full Answer >>
  2. What are some of the most common technical indicators that back up Doji patterns?

    The doji candlestick is important enough that Steve Nison devotes an entire chapter to it in his definitive work on candlestick ... Read Full Answer >>
  3. How do I use discounted cash flow (DCF) to value stock?

    Discounted cash flow (DCF) analysis can be a very helpful tool for analysts and investors in equity valuation. It provides ... Read Full Answer >>
  4. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  5. Tame Panic Selling with the Exhausted Selling Model

    The exhausted selling model is a pricing strategy used to identify and trade based off of the price floor of a security. ... Read Full Answer >>
  6. Point and Figure Charting Using Count Analysis

    Count analysis is a means of interpreting point and figure charts to measure vertical price movements. Technical analysts ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
  3. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  4. Black Tuesday

    October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million ...
  5. Black Monday

    October 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning ...
  6. Monetary Policy

    Monetary policy is the actions of a central bank, currency board or other regulatory committee that determine the size and ...
Trading Center