Friday, August 5, 2011

4 stocks with sell signals

Below are the 4 stock I deleted from the Barchart Van Meerten New High portfolio for triggering Bachart sell signals based on very poor price momentum.

Praxair (PX)


Barchart technical indicators:
  • 60% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 12.71% off its recent high
  • Relative Strength Index 31.68% and falling 

Sanofi-Aventis (SNY)


Barchart technical indicators:
  • 80% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving average
  • 11.14% off its recent high
  • Relative Strength Index 37.80% and falling
Chevron (CVX)


Barchart technical indicators:
  • 72% Barchart overall technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 10.31% off its recent high
  • Relative Strength Index 35.38% and falling
Capstead Mortgage (CMO)


Barchart technical indicators:
  • 100% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.90% off its recent high
  • Relative Strength Index 29.83% and falling
Jim Van Meerten is a Marketocracy Master






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