The 5 Best Large Caps

Who says Large Caps move slower than Small Caps?  Today I used Barchart to sort the S&P 500 Large Caps stocks to find the ones that have hit new highs most frequently on the last month.  I then used the Flipchart feature to review the charts.

Today's list includes Marathon Petroleum (MPC), Vulcan Materials (VMC), Valero Energy (VLO), Phillips 66 (PSX) and Northrop Grumman (NOC):

Marathon Petroleum (MPC)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 33.82% in the last month
• Relative Strength Index 75.85%
• Barchart computes a technical support level at 100.65
• Recently traded at 103.56 with a 50 day moving average of 89.50

Vulcan Materials (VMC)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 20.65% in the last month
• Relative Strength Index 83.78%
• Barchart computes a technical support level at 78.63
• Recently traded at 80.63 with a 50 day moving average of 68.75

Valero Energy (VLO)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 30.20% in the last month
• Relative Strength Index 78.81%
• Barchart computes a technical support level at 56.74
• Recently traded at 59.01 with a 50 day moving average of 50.11

Phillips 66 (PSX)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 26.09% in the last month
• Relative Strength Index 65.31
• Barchart computes a technical support level at 74.87
• Recently traded at 76.62 with a 50 day moving average of 69.74

Northrop Grumman (NOC)

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 9.12% in the last month'
• Relative Strength Index 76.07%
• Barchart computes a technical support level at 165.46
• Recently traded at 167.34 with a 50 day moving average of 152.91