JimVanMeerten (47.28)

3 Large Cap S&P stocks moving on up

February 28, 2012 – Comments (0) | RELATED TICKERS: COP , TMUS , CINF

This morning I used Barchart to screen the Large Cap S&P 500 stocks to find the 3 with the most consistent new highs and foundConocophillips (COP), Metropcs Communications (PCS) and CincinnatiFinancial (CINF) .  The charts are hourly trading charts over the past 28 trading sessions:

Conocophillips (COP)

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 17 new highs and up 10.13% in the last month

5 - Relative Strength Index 73.56%

6 - Barchart computes a technical support level at 75.18

7 - Recently traded at 76.43 with a 50 day moving average of 71.67

Metropcs Communications (PCS)

Barchart technical indicators:

1 - 100% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 16 new highs and up 35.35% in the last month

5 - Relative Strength Index 82.17%

6 - Barchart computes a technical support level at 11.46

7 - Recently traded at 11.83 with a 50 day moving average of 9.09

Cincinnati Financial (CINF)

Barchart technical indicators:

1 - 80% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 15 new highs and up 8.32% in the last month

5 - Relative Strength Index 73.35%

6 - Barchart computes a technical support level at 34.98

7 - Recently traded at 35.67 with a 50 day moving average of 32.40