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JimVanMeerten (58.45)

5 Great Low Priced Stocks

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February 29, 2016 – Comments (1) | RELATED TICKERS: VNCE , OCLR , CENX

As I write this post the market seems to have found a bottom but I can't really say it has began a recovery.  Although 74.61% of the 10,000+ stocks in the Barchart database are trading above their 20 Day Moving Averages only 48.47% are trading above their 50 DMAs.  I like it when the market is trading above its 20, 50 and 100 DMAs but we are not there yet.

Today list are some of the stocks I added recently to the Barchart Van Meerten Speculative portfolio.  For this portfolio I use Barchart to screen the Russell 3000 Index stocks first for a price under $10, technical buy signals of 80%+ and then I use the Flipchart feature to review the charts for consistency.  Today's additions include:
Vince Holdings (VNCE), Oclaro (OCLR), Century Aluminum (CENX), Orasure Technologies (OSUR) and Groupon (GRPN).

Vince Holdings (VNCE)


Barchart technical indicators:

100% technical buy signalsTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages8 new highs and up 30.37% in the last monthRelative Strength Index 66.76%Technical support level at 5.84Recently traded at 6.31 with a 50 day moving average of 4.79

Oclaro (OCLR)

Barchart technical indicators:

96% technical buy signalsTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages12 new highs and up 44.41% in the last monthRelative Strength Index 75.53%Technical support level at 4.73Recently traded at .91 with a 50 day moving average of 3.82

Century Aluminum (CENX)

Barchart techncial indicators:

96% technical buy signalsTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages7 new highs and up 94.54% in the last monthRelative Strength Index 66.66%Technical support level at 6.21Recently traded at 6.77 with a 50 day moving average of 4.35

Orasure Technologies (OSUR)

Barchart technical indicators:

88% technical buy signalsTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages3 new highs and up 17.61% in the last monthRelative Strength Index 65.12%Technical support level at 6.67Recently traded at 6.68 with a 50 day moving average of 6.16

Groupon (GRPN)

Barchart technical indicators:

80% technical buy signalsTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages5 new highs and up 61.51% in the last monthRelative Strength Index 73.12%Technical support level at 4.06Recently traded at 4.49 with a 50 day moving average of 3.02

1 Comments – Post Your Own

#1) On February 29, 2016 at 12:56 PM, jaydendill (< 20) wrote:

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