Today I deleted Federal National Mortgage Association (FNMFN), Gradac Favro AD Kladoro (OTCPK:GROC), Sycamore Networks (OTCPK:SCMR) and Telkonet (OTCQB:TKOI) from the Barchart Van Meerten Speculative portfolio for negative price momentum.

The portfolio contains stocks priced below $10 a share that are hitting new highs and trading above their 20, 50 and 100 day moving averages.

Federal National Mortgage Association

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Trading below its 20, 50 and 100 day moving averages
• 22.42% off its recent high
• Relative Strength Index 35.77%
• Recently traded at 7.5000 which is below its 50 day moving average of 8.7510

Gradac Favro AD Kladoro

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 73.49% off its recent high
• Relative Strength Index 36.92%
• Recently traded at .0057 which is below its 50 day moving average of .0104

Sycamore Networks

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 26.59% off its recent high
• Relative Strength Index 31.68%
• Recently traded at .4900 which is below its 50 day moving average of .5484

Telkonet

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 26.79% off its recent high
• Relative Strength Index 35.82%
• Recently traded at .2050 which is below its 50 day moving average of .2456