The 5 Best S&P 500 Large Caps

This morning I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts for consistency of the upward momentum.  The list today includes:

Reynolds American (RAI), Eversource Energy (ES), Baxter International (BAX), XCEL Energy (XEL) and Waste Management (WM).

Reynolds American (RAI)

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 10.04% in the last month
• Relative Strength Index 67.70%
• Technical support level at 49.59
• Recently traded at 51.03 with a 50 day moving average of 47.31

Eversource Energy (ES)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 10 new highs and up 9.02% in the last month
• Relative Strength Index 67.04%
• Technical support level at 55.14
• Recently traded at 56.57 with a 50 day moving average of 52.46

Baxter International (BAX)

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 8.04% in the last month
• Relative Strength Index 61.79%
• Technical support level at 37.35
• Recently traded at 38.99 with a 50 day moving average of 36.96

XCEL Energy (XEL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 8.95% in the last month
• Relative Strength Index 67.30%
• Technical support level at 39.20
• Recently traded at 40.20 with a 50 day moving average of 37.28

Waste Management (WM)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 5.87% in the last month
• Relative Strength Index 66.83%
• Recently traded at 56.37 with a 50 day moving average of 53.24