Posts Tagged 'Moving average'

Gold: Is The Death Cross Really A Golden Cross?

Since Apple, Inc. (AAPL) met its death cross (definition below) in December last year the stock has fallen over 21%, from $545.00 to its current $450.00 price level. When it occurred with Apple,this technical trend signal was so widely publicized that the media seems to now have a deathly (pun intended) fear of the event, regardless of its validity.

Before we look at gold and its impending death cross, the purpose of this article, let’s first define what a ...

Continue Reading →
0

3 Gold Stocks With Over 50% Upside

After teetering on support for nearly a year, gold looks to be on the move, jumping almost $100.00, from $1580.00 per ounce to $1670.00 per ounce, in just under 30 days. The commodity has also broken above its 200-day simple moving average (SMA), something it hasn’t done since January.

Not surprisingly, many gold related stocks have turned sharply upward as well; Primero Mining Corp. (PPP), New Gold, Inc. (NGD), Royal Gold, ...

Continue Reading →
0

10 Stocks With Over 60% Average Upside Selling For Less Than Book

When a stock is trading under its respective 20-day, 50-day, and 200-day simple moving averages (SMA), it could mean a troubled fate for the company. Or it could mean that the company is undervalued and, for whatever reason, is selling for less than what it’s worth.

A company’s price to book (P/B) ratio can also give us insight into a similar situation; the company is in trouble or it’s significantly undervalued and is offering a good buying opportunity for investors.

Telling the ...

Continue Reading →
0

S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge

The S&P 500 recently broke support and is now– as of this writing– lingering just below its 200-day simple moving average (SMA). Though there is hope for our equities markets to stay strong throughout the year, a major break in support raises a big red flag.

If the S&P 500 continues to fall, breaking its 200-day SMA, additional support will likely not be found until the index reaches the– somewhat far off– ...

Continue Reading →
0

10 Uptrending Stocks Heading Towards Analyst Estimates

In an attempt to find stocks that have recently used their respective 200-day Simple Moving Average (SMA) as support, and are now moving toward analysts’ targets, I use a screen with the following parameters:

  • Average Analyst Recommendation = Buy or better
  • Price Below 50-day SImple Moving Average
  • Price Above 200-day SImple Moving Average
  • Current Price Under Average Analyst Price Target
  • Sorted by Price to Sales Ratio

From the results of the screen, 10 stocks, listed below, showed promise (sorted by upside potential, according to analysts’ estimates):… ...

Continue Reading →
0