Showing posts with label BARCHART VAN MEERTEN NEW HIGH PORTFOLIO. Show all posts
Showing posts with label BARCHART VAN MEERTEN NEW HIGH PORTFOLIO. Show all posts

Monday, September 18, 2017

Ultra Clean -- added to New High Portfolio

Today I needed to add to my Barchart New High portfolio.  I used Barchart to sort today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more, then used the Flipchart feature to review the charts for consistency.  Ultra Clean (UCTT) looks good so I added 3232 shares at 27.45.



Barchart technical indicators:

  • 100% technical buy signals
  • 263.86% Weighted Alpha
  • 296.68% total return last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 18.24% in the last month
  • Relative Strength Index 68.81%
  • Technical support level at 26.08
  • Recently traded at 27.85 with a 50 day moving average of 23.14

Sunday, November 1, 2015

First American - sell signals

I am deleting First American (FAF) from Barchart Van Meerten New High the  portfolio not so much for negative price momentum but more so for its lack of upward price persistence.


Barchart technical indicators:
  • 56% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.65% off its 52 week high
  • Relative Strength Index 40.11%
  • Recently traded at 38.13 with a 50 day moving average of 39.38