Sell Signals - MTG WBS CBRL

This week I deleted MGIC Investment Corp (NYSE:MTG), Webster Financial (NYSE:WBS) and Cracker Barrel Old Store Country Store (Nasdaq:CBRL) from the Barchart Van Meerten New High Portfolio for negative price momentum.

MGIC Investments

Barchart technical indicators:

 

  • 72% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.86% off its 52 week high
  • Relative Strength Index 26.99%
  • Weighted Alpha 20.70
  • Recently traded at 10.33 which is below its 50 day moving average of 11.12


Webster Financial

Barchart technical indicators:

 

  • 72% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 12.75% off its 52 week high
  • Relative Strength Index 30.57%
  • Weighted Alpha 17.70+
  • Recently traded at 36.07 with a 50 day moving average of 39.08


Cracker Barrel Old Country Store

Barchart technical indicators:

 

  • 56% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 11.34% off its 52 week high
  • Relative Strength Index 33.58%
  • Weighted Alpha 34.50+
  • Recently traded at 143.92 with a 50 day moving average of 150.60

Disclosure: I have no positions in ...

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