Today I used Barchart to sort the S&P 500 Large Cap Index stocks to find stocks for momentum investors. First I sorted for the most frequent new highs in the last month then again for positive short term buy signals. Next I used the Flipchart feature to review the charts. Today;s watch list includes:
Oneok (OKE), Baxter International (BAX), L-3 Communications (LLL), Republic Services (RSG) and Martin Marietta Materials (MLM)
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 32.21% in the last month
- Relative Strength Index 79.75%
- Technical support level at 39.29
- Recently traded at 41.98 with a 50 day moving average of 32.60
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 7.41% in the last month
- Relative Strength Index 68.35%
- Technical support level at 44.87
- Recently traded at 45.85 with a 50 day moving average of 42.45
Barchart technical indicators:
- 72% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 12.17% in the last month
- Relative Strength Index 71.20%
- Technical support level at 133.05
- Recently traded at 135.99 with a 50 day moving average of 123.89
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 5.37% in the last month
- Relative Strength Index 64.10%
- Technical support level at 47.99
- Recently traded at 48.72 with a 50 day moving average of 47.21
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 13 new highs and up 13.33% in the last month
- Relative Strength Index 72.19%
- Technical support level at 181.06
- Recently traded at 187.13 with a 50 day moving average of 165.23