JimVanMeerten (47.71)

5 Stocks Hitting New Highs

November 03, 2012 – Comments (0) | RELATED TICKERS: NWL , ODFL , ALGT

Today I used the Barchart New High list of stocks trading over 100K shares a day and sorted for frequency.  Near the top of the list wereNewell Rubbermaid (NWL), Old Dominion Freight Lines (ODFL), Allegiant Travel Company (ALGT), Sabra Healthcare REIT (SBRA) and EchoStar Corporation (SATS)

Newell Rubbermaid (NWL)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

14 new highs and up 11.50% in the last month

Relative Strength Index 70.19%

Barchart computes a technical support level at 20.58

Recently traded at 21.04 with a 50 day moving average of 19.26

Old Dominion Freight Lines (ODFL)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving average

14 new highs and up 16.00% in the last month

Relative Strength Index 73.34%

Barchart computes a technical support level at 33.36

Recently traded at 33.78 with a 50 day moving average of 30.50

Allegiant Travel Company (ALGT)
Barchart technical indicators:

80% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving average

14 new highs and up 12.89% in the last month

Relative Strength Index 66.60%

Barchart computes a technical support level at 70.15

Recently traded at 72.97 with a 50 day moving average of 67.05

Sabra HealthCare REIT (SBRA)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

13 new highs and up 9.69% in the last month

Relative Strength Index 76.00%

Barchart computes a technical support level at 21.86

Recently traded at 22.19 with a 50 day moving average of 20.36

EchoStar Corporation (SATS)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

12 new highs and up 11.62% in the last month

Relative Strength Index 76.52%

Barchart computes a technical support level at 32.47

Recently traded at 32.96 with a 50 day moving average of 29.65

MORE STOCK PICKS