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

Sell Signals - STO, ETR And ACE

|Includes:ACE, ETR, Statoil ASA (STO)

Today I dropped Statoil (NYSE:STO), Entergy (NYSE:ETR) and Ace Ltd (NYSE:ACE) from the Barchart Van Meerten New High portfolio for negative price momentum:

Statoil (STO)

Barchart technical indicators:

 

  • 80% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.14% off its recent high
  • Relative Strength Index 33.58


Entergy (ETR)

Barchart technical indicators:

 

  • 64% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 12.98% below its recent high
  • Relative Strength Index 33.24%


Ace Ltd (ACE)

Barchart technical indicators:

 

  • 64% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 7.83% odd its recent high
  • Relative Strength Index 31.20%
Stocks: STO, ETR, ACE