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.