By Jim Van Meerten
This morning I used Barchart to screen Large Cap S&P 500 stocks to find the three that I think have the best upward price momentum. This is not a buy list, but I’ll show you the technical indicators and you can put them on your watch list if they pass you own due diligence.
Snap-on Incorporated (NYSE:SNA)
Barchart technical indicators:
- 96% Barchart technical buy signal
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 15.93% in the last month
- Relative Strength Index 78.57%
- Barchart computes a technical support level at 61.12
- Recently traded at 61.62 with a 50 day moving average of 53.93
Coach, Inc. (NYSE:COH)
Barchart technical indicators:
- 96% Barchart technical buy signal
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving average
- 16 new highs and up 21.49% in the last month
- Relative Strength Index 81.87%
- Barchart computes a technical support level at 73.84
- Recently traded at 75.53 with a 50 day moving average of 64.77
Cincinnati Financial Corporation (NASDAQ:CINF)
Barchart technical indicators:
- 96% Barchart technical buy signal
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
15 new highs and up 76.92% in the last month
- Relative Strength Index 76.92%
- Barchart computes a technical support level at 34.30
- Recently traded at 34.58 with a 50 day moving average of 31.41
Remember to run these stocks through your own due diligence protocol to see if the stock is suitable for your own portfolio.
Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs – Barchart Portfolio. Jim Van Meerten is a Marketocracy Master.
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