Tuesday, March 8, 2011

Fidelity Southern sell signals

This morning on Barchart I saw sell signals on Fidelity Southern (LION) and deleted it from my Barchart Van Meerten Speculative portfolio.


Fidelity Southern Corporation, through its operating subsidiary Fidelity Bank, provides a wide range of banking, mortgage and investment services through branches in Atlanta, Georgia. Mortgage, construction, and automobile loans are also provided through offices in Jacksonville, Florida.

Technical Factors:
  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20 and 50 day moving averages
  • 12.43% off its recent high
  • Relative strength Index 29.91% and falling

Jim Van Meerten is an analyst for  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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