Friday, January 11, 2013

5 Momentum Stocks

Today I screened the stocks hitting new monthly highs and then sorted for frequency.  Next I used to Flipchart function to find the charts I liked.  My list includes Charter Financial (CHFN),  Rouse Properties (RSE), Guangshen Railway (GSH), Pacira Pharmaceuticals (PCRX) and Banco Santander (SAN):

Charter Financial (CHFN)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 8.48% in the last month
  • Relative Strength Index 73.11%
  • Barchart computes a technical support level at 10.65
  • Recently traded at 11.00 with a 50 day moving average of 9.96
Rouse Properties (RSE)


  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 16.22% in the last month
  • Relative Strength Index 87.50%
  • Barchart computes a technical support level at 17.59
  • Recently traded at 17.98 with a 50 day moving average of 15.76
Guangshen Railway (GSH)


  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 18.52% in the last month
  • Relative Strength Index 82.16%
  • Barchart computes a technical support level at 20.37
  • Recently traded at 20.80 with a 50 day moving average of 17.87
Pacira Pharmaceuticals (PCRX)


  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 17.35% in the last month
  • Relative Strength Index 78.58%
  • Barchart computes a technical support level at 18.07
  • Recently traded at 18.87 with a 50 day moving average of 16.53
Banco Santander (SAN)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 14.91% in the last month
  • Relative Strength Index 77.07%
  • Barchart computes a technical support level at 8.62 with a 50 day moving average of 7.65










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