Beneficial Mutual sell signals

This morning on Barchart I detected sell signals in Beneficial Mutual Bancorp (BNCL) and deleted it from my Barchart Van Meerten Speculative portfolio.

Technical Factors:

• 100% Barchart short term technical sell signal
• Trend Spotter (tm) sell signal
• Trading below its 20 and 50 day moving average
• 6.81% off its recent high
• Relative Strength Index 43.54% and falling

Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio.