Large Caps With Staying Power
Large Caps seem to be the only segment of the market that is presently having any staying power. I wanted to find some large caps that still had their momentum. I used Barchart to sort the S&P 500 Large Cap Index stocks first by the best technical buy signals then I used the Flipchart feature to find charts with nice steady price appreciation.
My list today includes:
Micron Technology (NASDAQ:MU) and
Altria Group(NYSE:MO):
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 7 new highs and up 10.86% in the last month
- Relative Strength Index 67.89%
- Barchart computes a technical support level at 86.58
- Recently traded at 88.22 with a 50 day moving average of 80.21
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 1.97% in the last month
- Relative Strength Index 58.98%
- Barchart computes a technical support level at 40.37
- Recently traded at 40.56 with a 50 day moving average of 38.97
Barchart technical indicators:
- 88% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 1.25% in the last month
- Relative Strength Index 53.77%
- Barchart computes a technical support level at 67.07
- Recently traded at 67.74 with a 50 day moving average of 65.71
Barchart technical indicators:
- 80% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 6.60% in the last month
- Relative Strength Index 56.33%
- Barchart computes a technical support level at 32.63
- Recently traded at 33.83 with a 50 day moving average of 32.10
Barchart technical indicators:
- 80% Barhart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 4.82% in the last month
- Relative Strength Index 59.60%
- Barchart computes a technical support level at 45.11
- Recently traded at 45.34 with a 50 day moving average of 43.11
Disclosure: None