This morning I wanted to find the Top 5 Large Cap stocks so I used Barchart to sort the stocks of the S&P 500 Large Cap Index first for the highest Weighted Alpha (Weighted Alpha of the S&P 500 Index now stands at 10.48+), then for technical buy signals of 80% or more. Lastly, I always use the Flipchart feature to make sure the charts show a consistent price appreciation over the last 6 months. Today's Watchlist includes:
Estee Lauder (EL), NetApp (NTAP), E*Trade Financial (ETFC), Phillip-Van Huesen (PVH) and Harris (HRS)
Barchart technical indicators:
- 96% technical buy signals
- 78.09+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 4.67% in the last month
- Relative Strength Index 64.42%
- Technical support level at 149.73
- Recently traded at 152.40 with a 50 day moving average of 142.43
Barchart technical indicators:
- 96% technical buy signals
- 71.46+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 3 new highs and up .32% in the last month
- Relative Strength Index 60.49%
- Technical support level at 62.91
- Recently traded at 65.98 with a 50 day moving average of 61.17
Barchart technical indicators:
- 88% technical buy signals
- 69.56+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 1 new highs but slightly down by .52% this month
- Relative Strength Index 56.73%
- Technical support level at 54.91
- Recently traded at 57.55 with a 50 day moving average of 53.72
Barchart technical indicators:
- 96% technical buy signals
- 55.95+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 10 new highs and up 9.75% in the last month
- Relative Strength Index 64.60%
- Technical support level at 154.44
- Recently traded at 157.47 with a 50 day moving average of 147.58
Barchart technical indicators:
- 88% technical buy signals
- 49.86+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 3.43% in the last month
- Relative Strength Index 59.16
- Technical support level at 161.65
- Recently traded at 163.36 with a 50 day moving average of 156.92
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