5 Stocks Hitting New Highs

Today's list is a little unusual because I sorted the Barchart New High  List and all of these have gone up in 18 of the last 20 sessions - remember there are usually only 20 trading session in a month.  The list includes First Commonwealth Financial (FCF), ABB Ltd (ABB), Aircastle (AYR), Apollo Global Management (APO), and Companhia Paranaese de Energia (ELP):

First Commonwealth Financial (FCF)

Barchart technical indicators:

• 40% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20 and 50 day moving averages
• 18 new highs and up 9.56% in the last month
• Relative Strength Index 61.84%
• Barchart computes a technical support level at 6.65
• Recently traded at 6.76 with a 50 day moving average of 6.52

ABB Ltd (ABB)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 13.95% in the last month
• Relative Strength Index 81.02%
• Barchart computes a technical support level at 20.53
• Recently traded at 20.83 with a 50 day moving average of 19.09

Aircastle (AYR)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 24.40% in the last month
• Relative Strength Index 78.58%
• Barchart computes a technical support level at 12.15
• Recently traded at 12.51 with a 50 day moving average of 11.48

Apollo Global Management (APO)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 11.73% in the last month
• Relative Strength Index 70.08%
• Barchart computes a technical support level at 16.24
• Recently traded at 16.95 with a 50 day moving average of 15.35

Companhia Paranaese de Energie (ELP)

Barchart technical indicators:

• 24% Barchart technical buy signal'
• Trend Spotter buy signal'
• Above its 20 and 50 day moving averages
• 18 new highs and up 23.69% in the last month
• Relative Strength Index 72.19%
• Barchart computes a e=technical support level at 15.82
• Recently traded at 15.77 with a 50 day moving average of 14.47