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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. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
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 (SSE), Consumer Portfolio Services (CPSS), Banco Bilboa Viscaya Argentaria (BBVA), Maui Land and Pineapple (MLP) and Medivation (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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