5 Large Caps for Momentum Investors

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.  Today's additions to the watch list include:

Zimmer Bionet (ZBH), Pentair (PNR), Northern Trust (NTRS), March & McLennan (MMC) and Loews (L)

Zimmer Bionet (ZBH)

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 6.32% in the last month
• Relative Strength Index 76.83%
• Technical support level at 120.45
• Recently traded at 122.85 with a 50 day moving average of 112.97

Pentair (PNR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up .97% in the last month
• Relative Strength Index 61.47%
• Technical support level at 59.89
• Recently traded at 60.29 with a 50 day moving average of 56.23

Northern Trust (NTRS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 2.08% in the last month
• Relative Strength Index 65.59%
• Technical support level at 72.92
• Recently traded at 73.70 with a 50 day moving average of 68.78

Marsh & McLennan (MMC)

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 5.82% in the last month
• Relative Strength Index 71.14%
• Technical support level at 65.22
• Recently traded at 65.85 with a 50 day moving average of 62.52

Loews (L)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up .95% in the last month
• Relative Strength Index 60.30%
• Technical support level at 40.01
• Recently traded at 40.63 with  a 50 day moving average of 39.31

5 Large Caps for Momentum Investors

Today I used Barchart to sort the S&P 500 Large Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better,  Next I used the Flipchart feature to review the charts for consistency.  Today's watch list includes:

Xylem (XLY), Zimmer Biomet (ZBH), Visa (V), Waters (WAT), and 3 M (MMM)

Xylem (XYL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 8.64% in the last month
• Relative Strength Index 80.14%
• Technical support level at 41.81
• Recently traded at 42.88 with a 50 day moving average of 39.10

Zimmer Biomet (ZBH)

4

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.18% in the last month
• Relative Strength Index 74.74%
• Technical support level at 112.50
• Recently traded at 114.23 with a 50 day moving average of 102.27

Visa (V)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.88% in the last month
• Relative strength Index 71.44%
• Technical support level at 79.22
• Recently traded at 81.15 with a 50 day moving average of 74.07

Waters (WAT)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 14 new highs and up 5.33% in the last month
• Relative Strength Index 64.24%
• Technical support level at 134.00
• Recently traded at 137.19 with  50 day moving average of 127.34

3M (MMM)

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 2.80% in the last month
• Relative Strength Index 71.35%
• Technical support level at 167.79
• Recently traded at 169.90 with a 50 day moving average of 161.92