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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 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
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Marketocracy capital management
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  • United Microelectronics - UMC - Sell Signals 0 comments
    May 21, 2012 9:17 AM | about stocks: UMC

    This morning I deleted United Microelectronics (NYSE:UMC) from the Barchart Van Meerten Speculative portfolio fro negative price momentum:

    Barchart technical indicators:

     

    • 64% Barchart technical sell signal
    • Trend Spotter sell signal
    • Below its 20, 50 and 100 day moving averages
    • 17.69% off its 1 year high
    • Relative Strength Index 30.56%
    Stocks: UMC
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