Best Of The Dow - June 11, 2015

Today I wanted to see which stocks of the Dow had the best technical buy signals so I used Barchart to sort them, then used the Flipchart feature to review the charts.

The list includes Goldman Sachs  (NYSE:GS), JP Morgan Chase  (NYSE:JPM), Nike  (NYSE:NKE), Caterpillar  (NYSE:CAT) and Unitedhealth Group (NYSE:UNH).

Goldman Sachs

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 6.18% in the last month
  • Relative Strength Index 70.84%
  • Barchart computes a technical support level at 207.92
  • Recently traded at 213.64 with a 50 day moving average of 201.33

JP Morgan Chase

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 4.81% in the last month
  • Relative Strength Index 69.27%
  • Barchart computes a technical support level at 67.05
  • Recently traded at 68.36 with a 50 day moving average of 64.47

Nike

Barchart technical indicators:

  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs but only made .84% last month
  • Relative Strength Index 60.48%
  • Barchart computes a technical support level at 100.64
  • Recently traded at 103.60 with a 50 day moving average of 101.50

Caterpillar

Barchart technical indicators:

  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • Down .56% in the last month
  • Relative Strength Index 58.98%
  • Barchart computes a technical support level at 86.83
  • Recently traded at 88.30 with a 50 day moving average of 85.70

Unitedhealth Group

Barchart technical indicators:

  • 64% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 3.81% in the last month
  • Relative Strength Index 54.99%
  • Barchart computes a technical support level at 115.90
  • Recently traded at 118.91 with a 50 day moving average of 117.94

Disclosure: None.

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