Last week I added Pilgrim’s Pride (PPC) to the Barchart Van Meerten New High portfolio for positive technical indicators and charts:
Barchart technical indicators:
- 64% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 11.69% in the last month
- Relative Strength Index 64.69%
- Barchart computes a technical support level at 18.86
- Recently traded at 19.62 with a 50 day moving average of 17.35
