JimVanMeerten (46.39)

5 Momentum Stocks

January 11, 2013 – Comments (0) | RELATED TICKERS: RSE , GSH , SAN

Today I screened the stocks hitting new monthly highs and then sorted for frequency.  Next I used to Flipchart function to find the charts I liked.  My list includes Charter Financial (CHFN),  Rouse Properties (RSE),Guangshen Railway (GSH), Pacira Pharmaceuticals (PCRX) and Banco Santander (SAN):

Charter Financial (CHFN)

Barchart technical indicators:100% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages19 new highs and up 8.48% in the last monthRelative Strength Index 73.11%Barchart computes a technical support level at 10.65Recently traded at 11.00 with a 50 day moving average of 9.96

Rouse Properties (RSE)

Barchart technical indicators:96% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages18 new highs and up 16.22% in the last monthRelative Strength Index 87.50%Barchart computes a technical support level at 17.59Recently traded at 17.98 with a 50 day moving average of 15.76

Guangshen Railway (GSH)

Barchart technical indicators:96% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages17 new highs and up 18.52% in the last monthRelative Strength Index 82.16%Barchart computes a technical support level at 20.37Recently traded at 20.80 with a 50 day moving average of 17.87

Pacira Pharmaceuticals (PCRX)

Barchart technical indicators:80% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages16 new highs and up 17.35% in the last monthRelative Strength Index 78.58%Barchart computes a technical support level at 18.07Recently traded at 18.87 with a 50 day moving average of 16.53

Banco Santander (SAN)

Barchart technical indicators:100% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages15 new highs and up 14.91% in the last monthRelative Strength Index 77.07%Barchart computes a technical support level at 8.62 with a 50 day moving average of 7.65