5 Great Large Caps
I wanted to find which Large Cap stocks had the best technical buy signals and charts. I used Barchart to sort the stocks in the S&P 500 Large Cap index first for technical buy signals, then I used the Flipchart feature to gauge current momentum.
The stocks in today's list are:
United States Steel(NYSE:X),
Wells Fargo (NYSE:WFC) and
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above ts 20, 50 and 100 day moving averages
- 10 new highs and up 9.02% in the last month
- Relative Strength Index 81.08%
- Bachart computes a technical support level at 36.22
- Recently traded at 36.83 with a 50 day moving average of 34.05
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 an d100 day moving averages
- 7 new highs and up 20.35% in the last month
- Relative Strength Index 78.18%
- Barchart computes a technical support level at 43.65
- Recently traded at 45.53 with a 50 day moving average of 34.84
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 an d100 day moving averages
- 4 new highs and up 3.16% in the last month
- Relative Strength Index 61.68%
- Barchart computes a technical support level at 151.88
- Recently traded at 154.88 with a 50 day moving average of 148.00
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 10 new highs and up 4.40% in the last month
- Relative Strength Index 71.38%
- Barchart computes a technical support level at 51.83
- Recently traded at 53.14 with a 50 day moving average of 51.18
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 6.88% in the last month
- Relative Strength Index 71.90%
- Barchart computes a technical support level at 65.18
- Recently traded at 66.65 with a 50 day moving average of 63.11
Disclosure: I am a former officer of Wells Fargo Securities and have family members who are employees of, have stock option in and own stock of Wells Fargo (WFC)
Disclosure: None