JimVanMeerten (47.71)

A Good Stock is Hard to Find

May 21, 2012 – Comments (0) | RELATED TICKERS: MKC , VZ , T

In this very choppy market were even FaceBook (FB) can't get a break the only way to find stocks that still have momentum left is to use a good screener like Barchart.com.  This morning I used Barchart to screen the Large Cap S and P 500 stocks to find 3 that were still moving upward.  My search found McCormick (MKC),Verizon Communications (VZ) and AT&T (T).  I've included their hourly trading charts over the last 28 days

McCormick (MKC)


Barchart technical indicators:

1 - 56% 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 1.91% in the last month

5 - Relative Strength Index 59.12%

6 - Barchart computes a technical support level at 55.64

7 - Recently traded at 56.49 with a 50 day moving average of 54.55

Verizon Communications (VZ)

Barchart technical indicators:

1 - 96% 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 7.46% in the last month

5 - Relative Strength Index 70.66%

6 - Barchart computes a technical support level at 40.88

7 - Recently traded at 41.57 with a 50 day moving average of 39.36

AT&T (T)

Barchart technical indicators:

1 - 96% 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 9.43% in the last month

5 - Relative Strength Index 69.84%

6 - Barchart computes a technical support level at 33.21

7 - Recently traded at 33.70 with a 50 day moving average of 31.92