Friday, August 5, 2016

Sold New Jersey Resources and WGL Holdings

Today I deleted New Jersey Resources (NJR) and WGL Holdings (WGL) from the Van Meerten New High portfolio for negative price momentum:

New Jersey Resources (NJR)


Barchart technical indicators:
  • 48% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 8.25% off its recent high
  • Relative Strength Index 33.87%
WGL Holdings (WGL)


Barchart technical indicators:
  • 40% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 8.83% off its recent high
  • Relative Strength Index 32.08%




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