Wednesday, July 6, 2016

5 Large Caps for Momentum Investors

This morning I wanted to see which Large Cap stocks had the most consistent upward momentum so I used Barchart to sort the S&P 500 Large Index stocks to see which one had the most frequent new highs in the last month.  Today's Watch List includes:

Macerich (MAC), Waste Management (WM), Clorox (CLX), American Water Works (AWK) and Duke Energy (DUK)

Macerich (MAC)


Barcart technical indicators:
  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 12.25% in the last month
  • Relative Strength Index 81.66%
  • Technical support level at 84.33
  • Recently traded at 86.67 with a 50 day moving average of 78.40


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 9.11% in the last month
  • Relative Strength Index 85.66
  • Technical sport level at 63.57
  • Recently traded at 67.07 with a 50 day moving average of 61.65
Clorox (CLX)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 7.50% in the last month
  • Relative Strength Index 68.86%
  • Technical support level at 136.36
  • Recently traded at 139.03 with a 50 day moving average of 131.27


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 10.51% in the last month
  • Relative Strength Index 74.31%
  • Technical support level at 83.16
  • Recently traded at 83.80 with a 50 day moving average of 76.38


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 8.55% in the last month
  • Relative Strength Index 78.34%
  • Technical support level at 85.11
  • Recently traded at 86.93 with a 50 day moving average of 80.33










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