Tuesday, January 26, 2016

Today's 5 Best Large Caps

Today as I write this article most stocks are still trading below their 20, 50 and 100 day moving averages.  Right now the percentage trading above their DMA's are:

  • 19.09% - 20 DMA
  • 13.63% - 50 DMA
  • 16.97% - 100 DMA
The stocks listed today are by no means a buy list, they are just the stocks that came up in my screener.  This morning I used Barchart to sort the S&P 500 Large Cap Index stocks for the ones with the highest technical buy signals.  Personally, I don't buy unless both the market and the individual stocks have buy signals.  Right now although a few individual stocks have buy signals the market as a whole is still trading below its daily moving averages.

Today's list includes XCEL Energy (XEL), Wisconsin Energy (WEC), Southern Company (SO), Realty Income (O), and NiSource (NI):



Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 3.53% in the last month
  • Relative Strength Index 57.73%
  • Technical support level at 36.07
  • Recently traded at 36.98 with a 50 day moving average of 35.84


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 5.02% in the last month
  • Relative Strength Index 62.67%
  • Technical support level at 52.58
  • Recently traded at 54.11 with a 50 day moving average of 50.88


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 1.95% in the last month
  • Relative Strength Index 62.60%
  • Technical support level at 46.90
  • Recently traded at 47.94 with a 50 day moving average of 45.94


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 7.50% in the last month
  • Relative Strength Index 68.41%
  • Technical support level at 52.96
  • Recently traded at 55.15 with a 50 day moving average of 50.81
NiSource (NI)


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 6.53% in the last month
  • Relative Strength Index 63.03%
  • Technical support level at 20.01
  • Recently traded at 20.52 with a 50 day moving average of 19.44





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