SCTR vrs SMA

I have run across a few charts that the SCTR is above 90 , however, the 20 SMA is tanking. An example is HFC.(SCTR is 95.8)
I don't understand the disconnect between the two. Would think that they would be more in sync.

Comments

  • Here's a link to how the SCTR is calculated. It uses weighted data from long, medium and short time frames, with long and medium time frames weighted more heavily.

    http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:sctr

    You can see the effect of various price movements on SCTR by adding SCTR Line to your chart style.

    Also keep in mind that SCTR is a RELATIVE ranking, so that if all stocks in the SCTR class fall, a stock that falls less might maintain a high SCTR score.

  • Thanks for the response