JimVanMeerten (48.31)

3 Large Caps with Momentum

May 28, 2012 – Comments (0) | RELATED TICKERS: WMT , SHW , HRL

This morning I used Barchart to screen the Large Cap S&P 500 index stocks to find 3 with upward momentum and found Wal-Mart Stores(WMT), Sherwin-Williams (SHW) and Hormel Foods (HRL)

Wal-Mart Stores (WMT)


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 - 13 new highs and up 13..86% in the last month

5 - Relative Strength Index 78.02%

6 - Barchart computes a technical support level at 64.50

7 - Recently traded at 35.31 with a 50 day moving average of 60.55

Sherwin-Williams (SHW)

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 - 9 new highs and up 5.00% in the last month

5 - Relative Strength Index 69.16%

6 - Barchart computes a technical support level at 123.88

7 - Recently traded at 126.31 with a 50 day moving average of 116.08

Hormel Foods (HRL)

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 - 8 new highs and up 5.68% in the last month

5 - Relative Strength Index 69.99%

6 - Barchart computes a technical support level at 29.47

7 - Recently traded at 30.15 with a 50 day moving average of 29.00