4 Low Priced Stocks
Some of you like to buy low priced speculative issues. Low priced stock fluctuate wildly so in an effort to smooth things out a bit I used Barchart to screen stocks trading for under $10 first by the number of new highs they made in the last month, then for technical buy signals of 80% or better then again for a 50-100 Day MACD Oscillator buy signal. As always I use the Flipchart feature to review the charts.
The stocks added to the Barchart Van Meerten Speculative portfolio today are Dara Biosciences (NASDAQ:DARA), Ifan Financial (OTCPK:IFAN), Bank of Commerce(NASDAQ:BOCH) and AXT Inc (NASDAQ:AXTI).
Barchart technical indicators:
- 88% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 15.00% in the last month
- Relative Strength Index 63.72%
- Barchart computes a technical support level at .89
- Recently traded at .92 with a 50 day moving average of .86
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 144.05% in the last month
- Relative Strength Index 69.66%
- Barchart computes a technical support level at .1877
- Recently traded at .2050 with a 50 day moving average of .1025
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 20.97% in the last month
- Relative Strength Index 80.02%
- Barchart computes a technical support level at 7.01
- Recently traded at 7.27 with a 50 day moving average of 6.22
Barchart technical indicators:
- 80% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 9.01% in the last month
- Relative Strength Index 65.48%
- Barchart computes a technical support level at 2.37
- Recently traded at 2.42 with a 50 day moving average of 2.19
Disclosure:None.