Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
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
My company:
Marketocracy capital management
My blog:
Barchart Portfolio Blogs
  • Forest City Enterprises - Buy Signals 0 comments
    May 21, 2013 4:58 PM | about stocks: FCE.A, FCE.B

    The Chart of the Day is Forest City Enterprises (NYSE:FCE.A). The stock has both a Trend Spotter buy signal and 96% technical buy signals. The stock is rising rapidly with 20 gains for 17.77% in the last month. The stock was found on the New High List.

    The Company is a national real estate company which acquires, develops, leases and manages residential properties; owns, acquires, develops and manages retail, office and urban entertainment projects; acquires and sells both raw land and developed lots to commercial, industrial and residential users; as well as acting as a wholesale lumber trading company.

    (click to enlarge)

    Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 20 new highs and up 17.77% in the last month
    • Relative Strength Index 84.71%
    • Barchat computes a technical support level at 20.00
    • Recently traded at 20.25 with a 50 day moving average of 18.16

    Fundamental factors:


    • Market cap $3.66 billion
    • P/E 19.35
    • Although analysts issued 1 strong buy and a hold recommendations they have not issued revenue and earnings projections

    Due to incomplete information this stock is highly speculative and you should sell immediately if upward momentum falters.

    Stocks: FCE.A, FCE.B
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $EXEL - 96% technical buy signals - 16 new highs and up 39.23% in the last month = Relative Strength Index 86.09
    about 6 hours ago
  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    3 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    3 days ago
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.