The 5 Best Dow Stocks

Today I used Barchart to sort the stocks of the Dow Industrials to find the 5 with the best technical buy signals.

Today's list includes Unitedhealth Group (UNH), Home Depot (HD), 3M (MMM), Pfizer (PFE) and The Traveler's (TRV):

Unitedhealth Group (UNH)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• Only 3.25% off its recent high
• Relative Strength Index 66.34%
• Barchart computes a technical support level at 110.22
• Recently traded at 110.68 with a 50 day moving average of 101.41

Home Depot (HD)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• Only 1.82% off its recent high
• Relative Strength Index 55.42%
• Barchart computes a technical support level at 104.53
• Recently traded at 105.26 with a 50 day moving average of 101.28

3M (MMM)

Barchart technical indicators;

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• Only 3.36% off its recent high
• Relative Strength Index 51.50%
• Barchart computes a technical support level at 160.96
• Recently traded at 163.02 with a 50 day moving average of 161.52

Pfizer (PFE)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• Only 2.33% off its  recent high
• Relative Strength Index 58.67%
• Barchart computes a technical support level at 31.93
• Recently traded at 32.78 with a 50 day moving average of 31.60

The Traveler's (TRV)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• Only 1.90% off its recent high
• Relative Strength Index 52.47%
• Barchart computes a technical support level at 106.08
• Recently traded at 106.37 with  50 day moving average of 104.97

Stock Hitting New Highs

Today I sorted the Barchart New High list of stocks trading over 100K shares a day to find the ones with the most frequent up day out of the last 20 trading sessions.  My list includes 3M (MMM),  Novo Nordisk (NVO), Harte-Hanks (HHS), Sunopta (STKL) and Liberty Property Trust (LRY):

3M (MMM)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 9.38% in the last month
• Relative strength Index 74.40%
• Barchart computes a technical support level at 100.74
• Recently traded at 101.56 with a 50 day moving average of 94.55

Novo Nordisk (NVO)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 16.78% in the last month
• Relative Strength Index 80.13%
• Barchart computes a technical support level at 187.08
• Recently traded at 190.59 with a 50 day moving average of 167.57

Harte-Hanks (HHS)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 34.41% in the last month
• Relative Strength Index 74.20%
• Barchart computes a technical support level at 7.65
• Recently traded at 7.93 with a 50 day moving average of 5.98

Sunopta (STKL)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 29.48% in the last month
• Relative Strength Index 78.51%
• Barchart computes a technical support level at 6.98
• Recently traded at 7.29 with a 50 day moving average of 6.25

Liberty Property Trust (LRY)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 9.53% in the last month
• Relative Strength Index 75.95%
• Barchart computes a technical support level at 68.77
• Recently traded at 39.20 with a 50 day moving average of 36.35

3M (MMM) - Chart of the Day

3M (MMM) is a stock will an A++ financial strength rating that has been off the charts with 18 price advances in the last 20 trading sessions.

A look at the Barchart New Highs/Lows list today shows 3M (MMM) as a solid manufacturing conglomerate with an A++ financial strength rating that had 18 price advances in the past 2 trading session. The stock posted solid increase in both revenue and earning in the latest financial report and is finally getting a head of steam. The stock has been a Trend Spotter buy since 12/1 and has been trading above its moving averages since 12/31

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

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 9.69% in the last month
• Relative Strength Index 80.44
• Barchart computes a technical support level at 99.06
• Recently traded at 100.68 with a 50 day moving average of 93.53

Fundamental factors:

• Market Cap $69.60 billion
• P/E 15.94
• Dividend rate 2.35%
• Financial strength A++
• Analysts calls: 4 strong buy, 3 buy, 10 hold 1 under perform
• Revenue projected to increase by 5.20% this year and 5.30% next year
• Earnings estimated to increase by 8.10% this year, another 9.80% next year and continue to increase annually by 9.83% for the next 5 years

Exit Strategy: Sell when it losses 10% from your purchase price or when the stock fall below its 50 day moving average.