The 5 Best Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks with the most frequent new highs.  I skipped over the stocks that did not have positive gains for both the last week and month; then reviewed the charts using the flipchart feature.

Today's list includes Perrigo (PRGO), Cigna (CI), AmerisourceBergen (ABC), Assurant (AIZ) and Micron Technology (MU):

Perrigo (PRGO)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 19.49% in the last month
• Relative Strength Index 80.19%
• Barchart computes a technical support level at 154.49
• Recently traded at 155.76 with a 50 day moving average of 136.16

Cigna (CI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 19.43% in the last month
• Relative Strength Index 78.66% in the last month
• Barchart computes a technical support level at 85.86
• Recently traded at 88.24 with a 50 day moving average of 79.34

AmerisourceBergen (ABC)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 8.00% in the last month
• Relative Strength Index 78.39%
• Barchart computes a technical support level at 69.37
• Recently traded at 70.48 with a 50 day moving average of 64.92

Assurant (AIZ)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 an d100 day moving averages
• 17 new highs and up 11.77% in the last month
• Relative Strength Index 76.37%
• Barchart computes a technical support level at 63.21
• Recently traded at 64.58 with a 50 day moving average of 58.14

Micron Technology (MU)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 21.77% in the last month
• Relative strength Index 69.51%
• Barchart computes a technical support level at 19.23
• Recently traded at 20.12 with a 50 day moving average of 17.86