Monday, April 6, 2015

Market strong - Popular Stocks weak

My benchmark for the Market is the Value Line Arithmetic Index because it is not over weighted by the big boy's higher capitalizations and covers 1700 stock instead of just the 500 of the S&P 500 Stock Index,  I decided to look at the 5 stocks that are most followed by the readers of  Motley Fool compared to my market benchmark and found a wide divergence.


Value Line Arithmetic Index ($VLA)


Barchart technical indicators:
  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • Only .95% off its recent high
  • Relative Strength Index 55.86
  • Barchart computes a technical support level at 4794.44
  • Recently traded at 4836.73 with a 50 day moving average of 4754.16
Contrast the Market's technical indicators to the 5 stock that are on most readers' watch list on Motley Fool:

Apple (AAPL)


Barchart technical indicators:
  • 48% Barchart technical buy signal
  • Trend Spotter sell signal
  • Above its 20, 50 and 100 Day moving averages
  • Only 1 new high and up only .31% in the last month
  • Relative Strength Index 54.50%
  • Barchart computes a technical support level at 123.65
  • Recently traded at 126.82 with a 50 day moving average of 124.35
Google (GOOGL)


Barchart technical indicators:
  • 24% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.08% off its recent high
  • Relative Strength Index 39.88%
  • Recently traded at 542.42 which is below its 50 day moving average of 550.51


Barchart technical indicators:
  • 32% Barchart technical sell signals
  • Trend Spotter hold signal
  • Below its 20 and 100 day moving averages but above its 50 day moving average
  • 8.61% off its recent high
  • Relative Strength Index 50.24%
  • Barchart computes a technical support level at 24.58
  • Recently traded at 25.25 which is above its 50 day moving average of 25.06
Microsoft (MSFT)


Barchart technical indicators:
  • 88% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 18.18% off its recent high
  • Relative Strength Index 40.06%
  • Recently traded at 41.11 which is below its 50 day moving average of 42.55


Barchart technical indicators:
  • 96% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 9.42% off its recent high
  • Relative Strength Index 43.37%
  • Recently traded at 99.24 which is below its 50 day moving average of  100.92














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