Thursday, October 2, 2014

Large Caps with Staying Power

Large Caps seem to be the only segment of the market that is presently having any staying power.  I wanted to find some large caps that still had their momentum.  I used Barchart to sort the S&P 500 Large Cap Index stocks first by the best technical buy signals then I used the Flipchart feature to find charts with nice steady price appreciation.

My list today includes Nike (NKE), NiSource (NI), Cintas (CTAS), Micron Technology (MU) and Altria Group (MO):

Nike (NKE)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 10.86% in the last month
  • Relative Strength Index 67.89%
  • Barchart computes a technical support level at 86.58
  • Recently traded at 88.22 with a 50 day moving average of 80.21


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 1.97% in the last month
  • Relative Strength Index 58.98%
  • Barchart computes a technical support level at 40.37
  • Recently traded at 40.56 with a 50 day moving average of 38.97
Cintas (CTAS)


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 1.25% in the last month
  • Relative Strength Index 53.77%
  • Barchart computes a technical support level at 67.07
  • Recently traded at 67.74 with a 50 day moving average of 65.71


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 6.60% in the last month
  • Relative Strength Index 56.33%
  • Barchart computes a technical support level at 32.63
  • Recently traded at 33.83 with a 50 day moving average of 32.10


Barchart technical indicators:
  • 80% Barhart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 4.82% in the last month
  • Relative Strength Index 59.60%
  • Barchart computes a technical support level at 45.11
  • Recently traded at 45.34 with a 50 day moving average of 43.11










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