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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy capital management
My blog:
Barchart Portfolio Blogs
  • 5 Stock Hitting New Hihgs 0 comments
    Dec 6, 2012 5:30 PM | about stocks: SSE-OLD, CPSS, BBVA, MLP, MDVN

    Today I used Barchart to sort the stocks hitting new monthly highs to find 5 that hit frequent new monthly highs during the past month. On my list were Southern Connecticut Bancorp (NYSE:SSE), Consumer Portfolio Services (NASDAQ:CPSS), Banco Bilboa Viscaya Argentaria (NYSE:BBVA), Maui Land and Pineapple (NYSE:MLP) and Medivation (NASDAQ:MDVN)

    Southern Connecticut Bancorp (SSE)

    (click to enlarge)

    Barchart technical indicators:

     

    • 88% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 62.50% in the last month
    • Relative Strength Index 79.19%
    • Barchart computes a technical support level at 1.85
    • Recently traded at 1.95 with a 50 day moving average of 1.27


    Consumer Portfolio Services (CPSS)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 41.34% in the last month
    • Relative Strength Index 70.83%
    • Barchart computes a technical support level at 4.64
    • Recently traded at 5.47 with a 50 day moving average of 3.98


    Banco Bilboa Viscaya Argentaria (BBVA)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 6.04% in the last month
    • Relative Strength Index 66.03%
    • Barchart computes a technical support level at 8.47
    • Recently traded at 8.60 with a 50 day moving average of 8.07


    Maui Land and Pineapple (MLP)

    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 46.15% in the last month
    • Relative strength Index 78.17%
    • Barchart computes a technical support level at 3.77
    • Recently traded at 3.99 with a 50 day moving average of 2.71


    Medivation (MDVN)

    (click to enlarge)

    Barchart technical indicators:

     

    • 48% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 13 new highs and up 16.52% in the last month
    • Relative Strength Index 63.25%
    • Barchart computes a technical support level at 52.39
    • Recently traded at 53.90 with a 50 day moving average of 51.64


    MORE STOCK PICKS

    Stocks: SSE-OLD, CPSS, BBVA, MLP, MDVN
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