Saturday, October 25, 2014

Omega Healthcare Investors - Buy Signals

Today I added Omega Healthcare Investors (OHI) to the Barchart Van Meerten New High portfolio for positive price momentum.  I found the stock by sorting the New High List for the stocks hitting the most frequent new highs in the last month:


Barchart technical indicators:
  • 48% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 13.70% in the last month
  • Relative Strength Index 75.60%
  • Bar chart computes a technical support level at 38.14 
  • Recently traded at 38.75 with a 50 day moving average of 36.43


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