JimVanMeerten (48.84)

5 Large Cap Picks

January 14, 2013 – Comments (0) | RELATED TICKERS: EMN , IP , F

Today I sorted the S & P 500 Large Cap Index to find the 5 with great upward momentum, positive Barchart technical indicators and charts that I like and found Eastman Chemicals (EMN),  International Paper (IP),Flowserve (FLS), Air Products and Chemicals (APD) and Ford (F):

Eastman Chemical
Barchart technical indicators:96% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages14 new highs and up 13.45% in the last monthRelative Strength Index 69.16%Barchart computes a technical support level at 69.68Recently traded at 70.52 with a 50 day moving average of 62.74

International Paper (IP)

Barchart technical indicators:64% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages13 new highs and up 8.03% in the last monthRelative Strength Index 62.27%Barchart computes a technical support level at 39.48Recently traded at 40.11 with a 50 day moving average of 37.29

Flowserve (FLS)

Barchart technical indicators:96% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages13 new highs and up 8.89% in the last monthRelative Strength Index 77.03%Barchart computes  a technical support level at 154.20Recently traded at 155.63 with a 50 day moving average of 142.31

Air Products and Chemicals (APD)

Barchart technical indicators:88% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages13 new highs and up 6.16% in the last monthRelative Strength Index 68.64%Barchart computes a technical support level at 87.12Recently traded at 88.37 with a 50 day moving average of 82.74

Ford (F)

Barchart technical buy signal96% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages13 new highs and up 21.852% in the last monthRelative Strength Index 83.09%Barchart computes   a technical support level at 13.82Recently traded at 14.00 with a 50 day moving average of 11.74