Today I added UGI Corp (NYSE:UGI) and Gopro (NASDAQ:GPRO) to the Barchart Van Meerten New High portfolio. I found the stocks by using Barchart to sort the stocks hitting new highs and trading over 100K shares a day for new high frequency in the last month, then used the Flipchart feature to review the charts.
Barchart technical indicators:
- 72% Barchart technical buy signals
- Trend Spotter buy signal
- 19 new highs and up 9.36% in the last month
- Relative Strength Index 67.17%
- Barchart computes a technical support level at 35.45
- Recently traded at 35.68 with a 50 day moving average of 33.84
Bachart technical indicators:
- Most of Barchart's ratings do not kick in until the stock has 6 months trading history to analyse
- 17 new highs in the last month
- Trading above its 20 and 50 day moving averages
- Relative Strength Index 80.51%
- Recently trading at 65.87 with a 50 day moving average of 44.61
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