Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Quick Sliver And Illinois Tool Orks Sell Signals

|Includes:ITW, Quiksilver, Inc. (ZQK)

Today I deleted Quick Silver (NYSE:ZQK) and Illinois Tool Works (NYSE:ITW) from the Barchart Van Meerten New High portfolio for negative price momentum:

Quick Silver (ZQK)

Barchart technical indicators:

 

  • 80% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 10.55% off for last month
  • 11.86% off its 1 year high
  • Relative Strength Index 41.32%


Illinois Tool Works (ITW)

Barchart technical indicators:

 

  • 80% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 4.24% off its monthly high
  • 7.36% off its 1 year high
  • Relative Strength Index 41.06%
Stocks: ZQK, ITW