Large Caps with Staying Power

Large Caps seem to be the only segment of the market that is presently having any staying power.  I wanted to find some large caps that still had their momentum.  I used Barchart to sort the S&P 500 Large Cap Index stocks first by the best technical buy signals then I used the Flipchart feature to find charts with nice steady price appreciation.

My list today includes Nike (NKE), NiSource (NI), Cintas (CTAS), Micron Technology (MU) and Altria Group (MO):

Nike (NKE)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 10.86% in the last month
• Relative Strength Index 67.89%
• Barchart computes a technical support level at 86.58
• Recently traded at 88.22 with a 50 day moving average of 80.21

NiSource (NI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 1.97% in the last month
• Relative Strength Index 58.98%
• Barchart computes a technical support level at 40.37
• Recently traded at 40.56 with a 50 day moving average of 38.97

Cintas (CTAS)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 1.25% in the last month
• Relative Strength Index 53.77%
• Barchart computes a technical support level at 67.07
• Recently traded at 67.74 with a 50 day moving average of 65.71

Micron Technology (MU)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 6.60% in the last month
• Relative Strength Index 56.33%
• Barchart computes a technical support level at 32.63
• Recently traded at 33.83 with a 50 day moving average of 32.10

Altria Group (MO)

Barchart technical indicators:

• 80% Barhart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 4.82% in the last month
• Relative Strength Index 59.60%
• Barchart computes a technical support level at 45.11
• Recently traded at 45.34 with a 50 day moving average of 43.11