SBUX, XOM,PG May be Turning the Corner

I like to see what the technical indicators say each day on some of the most popular stocks and post those results on my Stock Picks Blog.  Today Starbucks (SBUX), Exxon Mobil (XOM) and Proctor & Gamble (PG) all still have Trend Spotter sell signals but those signals are beginning to weaken and just may turn to corner soon:

Starbucks (SBUX)

Barchart technical indicators:

• 32% technical sell signals
• Trend Spotter sell signal but weakening
• Above its 20 day moving average but still below its 50 and 100 day moving averages
• 9.88% below its recent high
• Relative Strength Index 50.04%
• Barchart computes a technical support level at 72.28
• Recently traded at 74.31 which is below its 50 day moving average of 75.83

Exxon Mobil (XOM)

Barchart technical indicators:

• 48% technical sell signals
• Trend Spotter sell signal but weakening
• Below its 20, 50 and 100 day moving averages
• 11.58% off its recent high
• Relative Strength Index 45.61%
• Barchart computes a technical support level at 90.17
• Recently traded at 92.65 which is below its 50 day moving average of 96.08

Proctor & Gamble (PG)

Barchart technical indicators:

• 48% Barchart technical buy signal
• Trend Spotter sell signal but weakening
• Above its 20, 50 and 100 day moving averages
• Only 1.95% below its recent high
• Relative Strength Index 53.95%
• Barchart computes a technical support level at 82.28
• Recently traded at 84.32 which is above its 50 day moving average of 83.46