Friday, September 26, 2014

Big Stock Rally?

There are a lot of the stock prognosticators claiming that money is flowing from shaky emerging markets and small caps back to big "quality" large caps.  So who are they?  I used Barchart to sort the S&P 500 Large Cap index stocks to find some examples of stocks that were climbing in at least 50% of the last 20 trading days.

My screening includes Allergan (AGN), Altria (MO), Eli Lilly (LLY), L Brands (L), and Humana (HUM):

Allergan (AGN)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.61% in the last month
  • Relative Strength Index 67.43%
  • Barchart computes a technical support level at 171.37
  • Recently traded at 176.60 with a 50 day moving average of 165.38
Altria (MO)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 6.84% in the last month
  • Relative Strength Index 69.31%
  • Barchart computes a technical support level at 44.73
  • Recently traded at 45.86 with a 50 day moving average of 42.81


Barchart technical indicators:
  • 16% Barchart technical buy signals
  • Trend Spotter buy signal
  • On the 20 and above the 50 and 100 day moving averages
  • 12 new highs and up 3.77% in the last month
  • Relative Strength Index 55.34
  • Recently traded at 65.80 with a 50 day moving average of 62.50
L Brands (LB)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 6.85% in the last month
  • Relative Strength Index 75.02%
  • Barchart computes a technical support level at 66.76
  • Recently traded at 68.22 with a 50 day moving average of 62.59
Humana (HUM)


Barchart technical indicators:
  • 48% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 4.76% in the last month
  • Relative Strength Index 53.55%
  • Barchart computes a technical support level at 128.73
  • Recently traded at 131.50 with a 50 day moving average of 126.57










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