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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
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Marketocracy Capital Management
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Barchart Portfolio Blogs
  • 3 Large Cap S&P 500 Stocks On The Move Up 0 comments
    Feb 14, 2012 2:35 PM | about stocks: CINF, COH, SNA
    This morning I used Barchart to screen the Large Cap S&P 500 stocks to find the 3 I think have the best upward price momentum. This is not a buy list but I'll show you the technical indicators and you can put them on your watch list if they pass you own due diligence:

    Snap On Inc (NYSE:SNA)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 15.93% in the last month
    • Relative Strength Index 78.57%
    • Barchart computes a technical support level at 61.12
    • Recently traded at 61.62 with a 50 day moving average of 53.93

    Coach (NYSE:COH)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving average
    • 16 new highs and up 21.49% in the last month
    • Relative Strength Index 81.87%
    • Barchart computes a technical support level at 73.84
    • Recently traded at 75.53 with a 50 day moving average of 64.77

    Cincinnati Financial - (NASDAQ:CINF)

    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 76.92% in the last month
    • Relative Strength Index 76.92%
    • Barchart computes a technical support level at 34.30
    • Recently traded at 34.58 with a 50 day moving average of 31.41

    Remember to run these stocks through your own due diligence protocol to see if the stock is suitable for your own portfolio.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SNA, COH, CINF over the next 72 hours.

    Themes: quick-picks-lists Stocks: CINF, COH, SNA
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