Wednesday, August 6, 2014

5 Large Caps with Momentum

Today I used Barchart to sort the S&P 500 Large Cap Index stocks to see if any still had some momentum.  I found some that do but although the numbers look good a couple of the charts look a little weird.

Today's list includes Sun Communities (SUI), Perry Ellis International (PERY), Nordion (NDZ), Gentiva Health Services (GTIV), Cherokee (CHKE):

Sun Communities (SUI)


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 6.43% in the last month
  • Relative Strength Index 72.93%
  • Barchart computes a technical support level at 52.27
  • Recently traded at 53.32 with a 50 day moving average of 50.37


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new high and up 11.80% in the last month
  • Relative Strength Index 75.72%
  • Barchart computes a technical support level at 18.75
  • Recently traded at 19.6 with a 50 day moving average of 17.74
Nordion (NDZ)


Barchart technical indicators:
  • Unusual chart
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 3.34% in the last month
  • Relative Strength Index 69.89%
  • Barchart computes a technical support level at 12.99
  • Recently traded at 13.00 with a 50 day moving average of 12.74


Barchart technical indicators:
  • Another unusual chart
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 20.08% in the last month
  • Relative Strength Index 72.74%
  • Barchart computes a technical support level at 17.85
  • Recently traded at 18.64 with a 50 day moving average of 15.77
Cherokee (CHKE)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 15.34% in the last month
  • Relative Strength Index 84.33%
  • Barchart computes a technical support level at 17.04
  • Recently traded at 17.9 with a 50 day moving average of 15.39











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