Large Cap Financial Soaring

Today I used Barchart to sort the S&P 500 Large Cap Index to find the best technical indicators and charts and found the financials still at the top of my list.  The list includes Cigna (CI), U S Bancorp (UBS), Hudson City Bancorp (HCBK), M&T Bank (MT) and People's United Financial (PBCT):

Cigna (CI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 11.44% in the last month
• Relative Strength Index 73.80%
• Barchart computes a technical support level at 75.03
• Recently traded at 75.92 with a 50 day moving average of 69.80

U S Bancorp (USB)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 7.147% in the last month
• Relative Strength Index 72.99%
• Barchart computes a technical support level at 36.85%
• Recently traded at 34.47 with a 50 day moving average of 35.33

Hudson City Bancorp (HCBK)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 17.55% in the last month
• Relative Strength Index 78.81%
• Barchart computes a technical support level at 9.56
• Recently traded at 9.72 with a 50 day moving average of 8.76

M&T Bank (MTB)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 15.13% in the last month
• Relative Strength Index 78.68%
• Barchart computes a technical support level at 115.83
• Recently traded at 117.82 with a 50 day moving average of 106.96

People's United Financial (PBCT)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 10.61% in the last month
• Relative Strength Index 68.44%
• Barchart computes a technical support level at 14.84
• Recently traded at 15.19 with a 50 day moving average of 14.19