5 Solid Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index stocks to find the stocks with the best technical indicators and charts.

My list includes Voranado Realty Trust (VNO), Sempra Energy (SRE), Southern Company (SO), Phillips 66 (PSX) and Public Storage (PSA):

Voranado Realty Trust (VNO)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter technical buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 3.90% in the last month
• Relative Strength Index 67.26%
• Barchart computes a technical support level at 100.37
• Recently traded at 102.38 with a 50 day moving average of 98.16

Sempra Energy (SRE)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter technical buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 3.86% in the last month
• Relative Strength Index 69.21%
• Barchart computes a technical support level at 97.60
• Recently traded at 99.49 with a 50 day moving average of 95.51

Southern Company (SO)

Barcart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter technical buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 7.63% in the last month
• Relative Strength Index 74.85%
• Barchart computes a technical support level at 46.08
• Recently traded at 46.61 with a 50 day moving average of 43.48

Phillips 66 (PSX)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter technical buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 9.65% in the last month
• Relative Strength Index 69.147%
• Barchart computes a technical support level at 80.91
• Recently traded at 84.54 with a 50 day moving average of 78.26

Public Storage (PSA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 4.51% in the last month
• Relative Strength Index 72.50%
• Barchart computes a technical support level at 172.85
• Recently traded at 176.19 with a 50 day moving average of 169.16

Some Great Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks with the best technical indicators and charts.  Today's list includes Southern Co (SO), Scana Corp (SCG), PPL Corp (PPL), Potomac Electric Power (POM), and Joy Global (JOY):

Southern Co (SO)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.56% in the last month
• Relative Strength Index 68.90%
• Barchart computes a technical support level at 43.26
• Recently traded at 44.39 with a 50 day moving average of 42.43

Scana Corp (SCG)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50  and 100 day moving averages
• 10 new highs and up 6.46% in the last month
• Relative Strength Index 68.78%
• Barchart computes a technical support level at 50.68
• Recently traded at 51.78 with a 50 day moving average of 50.44

PPL Corp (PPL)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 4.30% in the last month
• Relative Strength Index 64.68%
• Barchart computes a technical support level at 32.29
• Recently traded at 33.22 with a 50 day moving average of 32.61

Potomac Electric Power (POM)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 6.45% in the last month
• Relative Strength Index 67.98%
• Barchart computes a technical support level at 20.34
• Recently traded at 21.12 with a 50 day moving average of 20.07

Joy Global (JOY)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.39% in the last month
• Relative Strength Index 68.99%
• Barchart comp0utes a technical support level at 57.51
• Recently traded at 60.99 with a 50 day moving average of 57.44

New High Portfolio Changes

Today I made several changes in the Barchart Van Meerten New High portfolio for negative price momentum.  I deleted McCormick (MKC), Verizon Communications (VZ), Sciquest (SQI), Realty Income (O), Ventas (VTR) and Southern Company (SO):

McCormick (MKC)

Barchart technical indicators:

• 56% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 7.99% off its 1 year high
• Relative Strength Index 29.15%

Verizon Communications (VZ)

Barchart technical indicators:

• 40% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 10.62% off its 1 year high
• Relative Strength Index 30.56%

Sciquest (SQI)

Barchart technical indicators:

• 40% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 14.92% off its 1 year high
• Relative Strength Index 39.06%

Realty Income (O)

Barchart technical indicators:

• 60% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 20.80% off its 1 year high
• Relative Strength Index 23.20%

Ventas (VTR)

Barchart technical indicators:

• 40% Barchart short term sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 15.75% off its 1 year high
• Relative Strength Index 25.83%

Southern Company (SO)

Barchart technical indicators:

• 80% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 10.03% off its 1 year high
• Relative strength Index 26.45%

Southern Company - SO - Barchart's Chart of the Day

Summary:

 Southern Company (SO) is the Chart of the Day.  The huge electric utility had 17 increases in price for a gain of 6.26% in the last month and a 10.90% increase in the last quarter.  Top this with a 4.04% dividend yield and an A Financial Strength and you have an income winner.


Article:

Today's Chart of the Day Is Southern Company (SO).  I found the stock near the top of the list when I sorted the New Highs for frequency.  The stock has 96% Barchart technical buy signals and a Trend Spotter buy signal.  In the last month the price advanced in 17 sessions for a gain of 6.26%

The Company acquires, develops, builds, owns and operates power production and delivery facilities and provides a broad range of energy-related services to utilities and industrial companies in selected countries around the world. Their businesses include independent power projects, integrated utilities, a distribution company, and energy trading and marketing businesses outside the southeastern United States.

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
• 17 new highs and up 6.26% in the last month
• Relative Strength Index 71.76%
• Barchart computes a technical support level at 48.05
• Recently traded at 48.58 with a 50 day moving average of 45.96

Fundamental factors:

• Market Cap $42.47 billion
• P/E 18.24
• Dividend yield 4.04%
• Analysts predict revenue will grow 7.50% this year and 3.50% next year
• Earnings are estimated to increase 2.20% this year, an additional 5.10% next year and continue to compound annually at a rate of 4.80% for 5 years
• Wall Street issued 2 strong buy, 10 hold and 2 strong sell reports
• Financial Strength A

Hold until it trades below its 50 day moving average.