The following symbols selected from the Weekly Continuing Power-Up list have shown additional strength in today’s trading:
AFL, AIG, BSX, C, CAT, CHD, CIEN, CL, CMC, COR, COST, CRH, DFS, ELF, ETN, FI, FNF, GD, GE, GPN, HIG, HON, ICE, JPM, LIN, MA, MAR, NUE, OTIS, PBF, PLAY, PNC, QSR, SHW, SPGI, SSNC, SYY, TEAM, TMO, TT, UNP, V, VRTX, WM.
These alerts have passed the following bullish strengthening criteria specifically for stocks outside the S&P500:
Monthly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish long-term)
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish medium-term)
Daily – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish short-term)
Daily – The price is greater than the Kujun line or has just crossed it – bullish move on the daily chart
Price of the symbol is greater than $50 – increasing the possibility that institutions could be interested in owning the stock
Average trading volume at least 1,000,000 per day over the last 50 days – ensuring a liquid market and close bid/ask prices
These alerts have passed the following bullish strengthening criteria specifically for stocks included in the S&P500:
Monthly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish long-term)
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish medium-term)
Daily – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish short-term)
Daily – The price is greater than the Kujun line or has just crossed it – bullish move on the daily chart
These alerts have passed the following bullish criteria specifically for stocks included in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Any of the following on the daily chart:
These alerts have passed the following bullish criteria specifically for stocks NOT in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Daily – Average 50 day trading volume of at least 1,000,000 shares (keeps bid & ask close)
Price is greater than $50 (to make sure institutions can buy them)
Any of the following on the daily chart:
These alerts have passed the following bullish continuation criteria specifically for stocks NOT in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Weekly – Current price is above the cloud (bullish long-term)
Daily – The lagging line (Chikou) is higher than the high from 26 days ago
Daily – The current price is above the cloud
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Daily – Average trading volume is above 1,000,000 shares/day
Daily – Price is greater than $50
Any of the following on the daily chart:
These alerts have passed the following bullish continuation criteria specifically for stocks included in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Weekly – Current price is above the cloud (bullish long-term)
Daily – The lagging line (Chikou) is higher than the high from 26 days ago
Daily – The current price is above the cloud
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Any of the following on the daily chart: