Technical Trends for Dow Stocks (BA, JNJ, T, WMT)

Includes: BA, JNJ, T, WMT
by: Paolo Pezzutti

In the figure (from RadarScreen of Tradestation), you can see a summary of the trend conditions of the Dow Jones 30 stocks ($INDU). I used the 20, 50, 100 and 200 days moving average of the close. The background is Green when the close is greater than the moving average, red when it is below and yellow when it crosses. Plus and Minus indicate the slope of the moving average.

Positive trends are being registered by Boeing (NYSE:BA), Johnson & Johnson (NYSE:JNJ), AT&T (NYSE:T) and Wal-Mart (NYSE:WMT):

** This article was submitted via our brand new article submission system. What do you have to contribute?