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3 Large Cap S&P 500 Stocks On The Move Up

|Includes:CINF, ConocoPhillips (COP), TMUS

This morning I used Barchart to screen the Large Cap S&P 500 stocks to find the 3 with the most consistent new highs and found Conocophillips (NYSE:COP), Metropcs Communications (PCS) and CincinnatiFinancial (NASDAQ:CINF) . The charts are hourly trading charts over the past 28 trading sessions:

Conocophillips (COP)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 10.13% in the last month
  • Relative Strength Index 73.56%
  • Barchart computes a technical support level at 75.18
  • Recently traded at 76.43 with a 50 day moving average of 71.67

Metropcs Communications (PCS)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 35.35% in the last month
  • Relative Strength Index 82.17%
  • Barchart computes a technical support level at 11.46
  • Recently traded at 11.83 with a 50 day moving average of 9.09

Cincinnati Financial (CINF)

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 8.32% in the last month
  • Relative Strength Index 73.35%
  • Barchart computes a technical support level at 34.98
  • Recently traded at 35.67 with a 50 day moving average of 32.40

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: COP, TMUS, CINF