I am deleting First American (NYSE:FAF) from Barchart Van Meerten New High the portfolio not so much for negative price momentum but more so for its lack of upward price persistence.
Barchart technical indicators:
- 56% Barchart technical sell signals
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 11.65% off its 52 week high
- Relative Strength Index 40.11%
- Recently traded at 38.13 with a 50 day moving average of 39.38
