This morning I wanted to find the large cap stocks that have had good price appreciation not only over the past year but also still seem to have some steam left. I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest Weighted Alpha then for current technical buy signals of 80% or better. The stock that made the cut were Cablevision Systems (NYSE:CVC), Under Armour (NYSE:UA), Teco Energy (NYSE:TE), Reynolds American (RAI) and Autozone (NYSE:AZO).
Cablevision Systems
Barchart technical indicators:
96% Barchart technical buy signals
97.80+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 39.55% in the last month
Relative Strength Index 78.59%
Barchart computes a technical support level at 32.93
Recently traded at 33.13 with a 50 day moving average of 27.01
Under Armour
Barchart technical indicators:
80% Barchart technical buy signals
51.90+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
10 new highs and up 12.66% in the last month
Relative Strength Index 58.23%
Barchart computes a technical support level at 99.92
Recently traded at 101.43 with a 50 day moving average of 96.30
Teco Energy
Barchart technical indicators:
88% Barchart technical buy signals
51.10+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
8 new highs and up 22.74% in the last month
Relative Strength Index 79.98%
Barchart computes a technical support level at 26.50
Recently traded at 26.61 with a 50 day moving average of 22.71
Reynolds American
Barchart technical indicators:
88% Barchart technical buy signals
45.60+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
6 new highs and up 2.71% in the last month
Relative Strength Index 57.89%
Barchart computes a technical support level at 42.40
Recently traded at 42.94 with a 50 day moving average of 41.91
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