FNMFN GROC SCMR TKOI SELL SIGNALS

Today I deleted Federal National Mortgage Association (FNMFN), Gradac Favro AD Kladoro (GROC), Sycamore Networks (SCMR) and Telkonet (TKOI) from the  Barchart Van Meerten Speculative portfolio for negative price momentum.

The portfolio contains stocks priced below $10 a share that are hitting new highs and trading above their 20, 50 and 100 day moving averages.

Federal National Mortgage Association (FNMFN)

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Trading below its 20, 50 and 100 day moving averages
• 22.42% off its recent high
• Relative Strength Index 35.77%
• Recently traded at 7.5000 which is below its 50 day moving average of 8.7510

Gradac Favro AD Kladoro (GROC)

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 73.49% off its recent high
• Relative Strength Index 36.92%
• Recently traded at .0057 which is below its 50 day moving average of .0104

Sycamore Networks (SCMR)

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 26.59% off its recent high
• Relative Strength Index 31.68%
• Recently traded at .4900 which is below its 50 day moving average of .5484

Telkonet (TKOI)

Barchart technical indicators:

• 64% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 26.79% off its recent high
• Relative Strength Index 35.82%
• Recently traded at .2050 which is below its 50 day moving average of .2456