Keller Reveals Top Stock Charts in 11 Sectors

To identify market leaders, Dave Keller uses the StockCharts Technical Ranking (SCTR), a proprietary momentum model that evaluates large-cap stocks across multiple time frames.

The SCTR is a proprietary momentum model designed to evaluate large-cap stocks across multiple time frames, allowing for a comprehensive assessment of their technical strength.

This model systematically sorts stocks in descending order based on their technical momentum characteristics, providing a clear hierarchy of market performance.

As of September 22, 2026, the SCTR rankings reveal that technology and semiconductor stocks overwhelmingly dominate the top positions, signaling a narrow market leadership.

Keller noted that approximately 90% of the top 20 stocks in the SCTR are within the technology sector, with many specifically being semiconductor stocks.

This high concentration underscores a period where market momentum is heavily reliant on a few key segments, indicating potential risks if these sectors face headwinds.

Communication Services, Consumer Discretionary, and Technology comprise the growth category, while Energy, Financials, Industrials, and Materials form the cyclical/value group, leaving Healthcare, Consumer Staples, Utilities, and Real Estate as the defensive bucket.

These categories include growth sectors (Communication Services, Consumer Discretionary, Technology), cyclical or value sectors (Energy, Financials, Industrials, Materials), and defensive sectors (Healthcare, Consumer Staples, Utilities, Real Estate).

The speaker highlighted one top-ranked stock from each of the 11 sectors, basing selections on their StockCharts Technical Ranking (SCTR).

While technology and energy sectors naturally show strength, communication services and healthcare also emerged as particularly strong performers.

A 12-month period of underperformance has ended as Meta faces resistance between 680 and 690, though it maintains a 'gap and run' pattern that Meta is the top rank, the firm noted.

The stock exhibited a 'gap and run' pattern, a strong bullish signal, which contrasted with a previous failed gap attempt in January.

Meta currently faces a critical resistance level between $680 and $690, aligning with its peaks observed in April and July, as its relative strength has markedly improved over the past 12 months.

Best Buy was selected for the Consumer Discretionary sector, driven by its clear price rotation and an attractive dividend yield of approximately 4%.

The stock completed a 'bull flag' pattern in early September, signaling a bullish continuation as it broke above its upper trend line.

Technical indicators support this positive outlook, with the price trading above upward-sloping moving averages and relative strength reaching a new 12-month high.

The speaker noted the significant challenge in selecting a single technology stock due to the high concentration of top-ranked stocks within the sector.

Despite this difficulty, Dell was ultimately chosen as the highlighted representative for the Technology sector.

Dell demonstrated a strong uptrend from January through early June 2026, marking it as a top performer.

Instead of a price correction, the stock underwent a 'time correction' by consolidating sideways throughout June and July, allowing the market to reach equilibrium.

This consolidation phase concluded in early September with a breakout that pushed Dell to new all-time highs; subsequent pullbacks are considered normal as long as key moving averages are maintained.

Unlike integrated oil companies, downstream firms such as MPC, Valero, and Phillips 66, which focus on refining and distribution, are less susceptible to volatile crude oil prices.

The performance of this sector is heavily influenced by the 'crack spread,' which measures the profit margin between raw crude and refined products; Keller uses the 21-day EMA as an initial stop level and the 50-day moving average for long-term support.

Breaking above its July peak in September triggered attention for Robinhood Markets, which currently maintains a 96th percentile SCTR ranking and a classic cup and handle pattern, one analyst argued.

The stock is emerging from a 'cup and handle' pattern, a bullish formation popularized by William O'Neil, indicating potential for upward movement.

Breaking above its July peak in September served as a critical technical trigger, and recent pullbacks to the 50-day moving average confirm a strong accumulation phase.

Bucking the negative trend pervasive throughout transportation and freight, Expeditors International of Washington (EXPD) is tracking a strong uptrend similar to that of downstream energy companies.

The stock's chart reveals a strong uptrend, mirroring the positive performance observed in downstream energy companies, despite overall sector headwinds.

However, a bearish momentum divergence requires careful monitoring, prompting a strategy to observe the 21-day EMA and 50-day moving average as key support levels, operating on an 'innocent until proven guilty' principle.

Despite its high ranking, Nucor is currently in a consolidation phase, trading within a range after reaching an all-time high in August, with resistance levels identified between $270 and $280, dating back to its June peak.

To efficiently track price movements without constant manual monitoring, users can set up automated email, text, or site notifications for specific price triggers.

Consolidating these alerts into a dedicated folder allows for streamlined daily or weekly reviews, ensuring that investors stay informed about key developments without needing to check charts continuously.

The stock demonstrates a stronger trend than Nucor, characterized by a tactical pullback to its 50-day moving average.

During its recent decline, the Relative Strength Index (RSI) held above 40, which suggests a healthy long-term uptrend despite short-term fluctuations.

Moderna (MRNA) ranks highly in momentum, placing in the 99.9th percentile, indicating strong upward potential.

A mid-August drug approval triggered a significant price gap higher, followed by a 'gap and hold' consolidation period.

The stock recently broke out from a pennant pattern, suggesting it has entered a new accumulation phase, supported by its strong technical setup.

Both the utilities and real estate sectors are currently exhibiting relative weakness, failing to attract investors seeking safety.

This absence of defensive rotation suggests that market participants are not yet moving into traditionally secure assets, which Keller views as a meaningful market insight.

Evergy (EVRG), presented as a utility example with a 3.5% dividend yield, faces a weak technical outlook, having fallen below its 50-day moving average; a tradable bounce is contingent on the 200-day moving average holding and an improvement in momentum.

Despite the dividend, the stock's chart shows a wedge pattern, indicating a lack of strong directional momentum, with bullish triggers requiring a breakout above a downward trend line from its July/August peaks.

Crucial resistance levels include the 50-day moving average and the August price peak around $21.70, with an RSI improvement above 50 and 60 necessary to signal a bullish shift.

The comprehensive bottom-up process of scanning and analyzing all 11 S&P sectors effectively revealed the current market concentration, with technology stocks dominating while many other sectors lag.

This systematic approach helps identify broader implications for equity markets, encouraging investors to utilize scanning tools to track potential improvements in underperforming sectors and uncover new opportunities.

Keller invited viewers to share any overlooked stocks, promoting his shows 'Chart This' and 'Market Misbehavior' for daily market analysis.