Thursday, June 21, 2012

3 New Short term Highs

I used Barchart to screen stocks hitting new highs today and found 3 stocks that have had very recent and consistent upward momentum and should be considered for your watch lists:  Perrigo (PRGO), Ironwood Pharmaceutical (IRWD) and Beam Inc (BEAM):

Perrigo (PRGO)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 13.46% in the last month
  • Relative Strength Index 71.41%
  • Barchart computes a technical support level at 113.53
  • Recently traded at 114.09 with a 50 day moving average of 104.97
Ironwood Pharmaceuticals (IRWD)


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 19.38% in the last month
  • Relative strength Index 73.96%
  • Barchart computes a technical support level at 13.61
  • Recently traded at 14.51 with a 50 day moving average of 12.61
Beam Inc (BEAM)


Barchart technical indicators:
  • 88% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 11.93% in the last month
  • Relative Strength Index 62.22%
  • Barchart computes a technical support level at 61.42
  • Recently traded at 62.51 with a 50 day moving average of 58.73






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