Friday, August 24, 2012

3 Stocks for your Watch Lists

3 stocks I'd like to highlight from Barchart's New High list are Canadian Imperial Bank of Commerce (CM), Alti Nanotechnologies (ALTI) and Brocade Communications Systems (BRCD):

Canadian Imperial Bank of Commerce (CM)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 9.91% in the last month
  • Relative Strength Index 72.98%
  • Barchart computes a  technical support level at 75.41
  • Recently traded at 77.09 with a 50 day moving average of 72.29
Alti Nanotechnologies (ALTI)


Barchart technical indicators:
  • 48% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 39.58% in the last month
  • Relative Strength Index 65.24%
  • Barchart computes  a technical support level at .54
  • Recently traded at .60 with a 50 day moving average of .50
Brocade Communications Systems (BRCD)


Barchart technical indicators:
  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 25.79% in the last month
  • Relative Strength Index 75.48%
  • Barchart computes a technical support level at 5.74
  • Recently traded at 5.94 with a 50 day moving average of 5.03






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