Friday, February 25, 2011

SAIC Inc -- SAI -- sell signals

SAIC Inc (SAI) has been having some negative price trends so I deleted it from my Barchart Van Meerten New High portfolio based on this negative price momentum.

SAIC INC  (SAI ) is a scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 40,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets.

Sell Factors:

  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Below its 20 and 50 day moving averages
  • 6.31% of its high
  • Relative Strength Index 33.65% and falling
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

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