Smucker and Hershey are Sweet Stocks

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks that had the most frequent new highs in the last month.  To keep your portfolio attuned to current market conditions it should contain the stocks that are moving up now.  All of these stock have advanced in more than 50% of the last 20 trading sessions.  The list includes Frontier Communications (FTR), JM Smuckers (SJM), Hershey Food (HSY), Equifax (EFX), SAIC (SAI):

Frontier Communications (FTR)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 12.41% in the last month
• Relative Strength Index 68.48%
• Barchart computes a technical support level at 4.42
• Recently traded at 4.53 with a 50 day moving average of 4.17

JM Smucker (SJM)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 6.73% in the last month
• Relative Strength Index 70.38%
• Barchart computes a technical support level at 112.26
• Recently traded at 113.18 with a 50 day moving average of 106.06

Hershey Foods (HSY)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 5.50% in the last month
• Relative Strength Index 65.74%
• Barchart computes a technical support level at 96.73
• Recently traded at 96.08 with a 50 day moving average of 91.33

Equifax (EFX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 7.35% in the last month
• Relative Strength Index 71.01%
• Barchart computes a technical support level at 64.60
• Recently traded at 65.50 with a 50 day moving average of 61.23

SAIC (SAI)

Barchart technical indicators

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 12.48% in the last month
• Relative Strength Index 81.99%
• Barchart computes a techncial support level at 15.64
• Recently traded at 15.87 with a 50 day moving average of 14.41