Sell Signals - ZNGA, ALSK, ADM, DGX

This week I deleted Zynga (ZNGA), Alaska Communications Systems (ALSK), Archer Daniels Midland (ADM) and Quest Diagnostics (DGX) from the Barchart Van Meerten New High portfolio for negative price momentum.

Zynga (ZNGA)

Barchart technical indicators:

• 48% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 18.96% off its recent high
• Relative Strength Index 27.03%
• Recently traded at 2.65 which is below its 50 day moving average of 2.89

Alaska Communications Systems (ALSK)

Barchart Technical indicators:

• 40% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 16.28% off its recent high
• Relative Strength Index 33.61%
• Recently traded at 33.61 with a 50 day moving average of 2.37

Archer Daniels Midland (ADM)

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 10 day moving averages
• 12.43% off its recent high
• Relative Strength Index 26.97%
• Recently traded at 47.21 with a 50 day moving average of 51.00

Quest Diagnostics (DGX)

Barchart technical indicators:

• 72% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 10 day moving averages
• 19.57% below its recent high
• Relative Strength Index 46.18%
• Recently traded at 71.58 with a 50 day moving average of 72.84