Technicals On The 5 Most Popular Stocks

Just because a stock is popular does not mean you have to follow the herd and be in it too. Today I took a list of the 5 most popular stocks with the readers of Seeking Alpha and used Barchart to see how their technical indicators are doing.

Today's list includes Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC), General Electric (NYSE:GE), Facebook (NASDAQ:FB) and Microsoft (NASDAQ:MSFT):

Apple (AAPL)

Barchart technical indicators:

• 24% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 8.31% off its recent high
• Relative Strength Index 47.41%
• Barchart computes a technical support level at 107.61
• Recently traded at 108.83 which is below its 50 day moving average of 112.16

Bank of America (BAC)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 2, 50 and 100 day moving averages
• 11.92% off its recent high
• Relative Strength Index 30.44%
• Barchart computes a technical support level at 15.56
• Recently traded at 15.47 which is below its 50 day moving average of 17.79

General Electric (GE)

Barchart technical indicators:

• 80% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 13.62% off its recent high
• Relative Strength Index 28.84%
• Barchart computes a technical support level at 23.24
• Recently traded at 23.76 which is below its 50 day moving average of 25.67

Facebook (FB)

Barchart technical indicators:

• 40% Barchart technical sell signals
• Trend Spotter hold signal
• Below its 20, 50 and 100 day moving averages
• 7.80% off its recent high
• Relative Strength Index 44.70%
• Barchart computes a technical support level at 75.33
• Recently traded at 75.46 which is below its 50 day moving average of 76.51

Microsoft (MSFT)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 8.15% off its recent high
• Relative Strength Index 42.42%
• Barchart computes a technical support level at 45.32
• Recently traded at 45.72 with a 50 day moving average of 47.66

I'm not saying you should sell all of these if you are presently holding them but I am saying they look to be in a downward trend and you might be able to acquire them at a lower price tomorrow or next week.