Anooraq Resources And AK Steel - Sell Signals

By Jim Van Meerten of Barchart
Saturday, March 1, 2014 4:02 PM EDT

This week I deleted Anooraq Resources (ATL) and AK Steel (AKS) from the Barchart Van Meerten Speculative portfolio for negative price momentum.

Anooraq Resources (ATL)

Barchart technical indicators:

  • 60% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 26.87% off its recent high
  • Relative Strength Index 43.38%


AK Steel (AKS)

Barchart technical indicators:

  • 80% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 26.80% off its recent high
  • Relative Strength Index 41.41%

None.

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