Wednesday, February 10, 2016

Today's 5 Best Large Caps

I know today is an up day so far but don't jump in too soon.  There is still plenty of time to get back in.  As I write this post the majority of the 10,000+ stocks in the Barchart database are still below their 20, 50 and 100 day moving averages:

  • 37.34% above their 20 DMA
  • 18.97% above their 50 DMA
  • 17.20% above their 100 DMA
This morning there is a flight to the safety of large cap defensive stocks.  I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.

Today's list includes Tyson Foods (TNS), Kimberly-Clark (KMB), Hormel Foods (HRL), Campbell Soup (CPB) and Sysco (SYY).


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 18.55% in the last month
  • Relative Strength Index 76.79%
  • Technical support level at 59.03
  • Recently traded at 61.94 with a 50 day moving average of 53.09


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 5.35% in the last month
  • Relative Strength Index 62.98%
  • Technical support level at 126.10
  • Recently traded at 131.57 with a 50 day moving average of 125.54


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 6.90% in the last month
  • Relative Strength Index 65.03%
  • Technical support level at 39.91
  • Recently traded at 41.96 with a 50 day moving average of 39.24


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 13.58% in the last month
  • Relative Strength Index 70.93%
  • Technical support level at 55.18
  • Recently traded at 58.01 with a 50 day moving average of 53.78
Sysco (SYY)

Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 8.62% in the last month
  • Relative Strength Index 65.88%
  • Technical support level at 42.18
  • Recently traded at 43.19 with a 50 day moving average of 40.97






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