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Swing Trade Stock Screen for April 22, 2021

Bears won the screen game from yesterday 29-12. This is swing trade buy signals vs. sell signals from yesterday’s action.  That doesn’t fully offset Tuesday’s 56-14 bear swampage. The waters are muddy.

The 56 sell signals from Tuesday were not sufficient to signal an intermediate top. Coming off the bottom on March 28, there were 155 buys vs only 8 sells. I’d like to see triple digit sells for a confirmed top signal.

Here is today’s  output.

Symbol Buy Sell 500 200 125 50
ABT 1 0 0 0 0 1
ALB 1 0 0 0 1 0
MDRX.O 1 0 0 0 0 1
ASB 1 0 0 0 0 1
CHD 1 0 0 1 0 0
CME.O 1 0 0 0 0 1
CDE 1 0 0 0 0 1
CMA 1 0 0 0 0 1
DAR 1 0 0 0 0 1
DEI 1 0 0 0 0 1
ELAN.K 1 0 0 1 1 0
EGO 1 0 0 0 0 1
EQNR.K 1 0 0 0 0 1
EXTR.O 1 0 0 0 0 1
FL 1 0 0 0 0 1
HRTX.O 1 0 0 1 0 0
SLV 1 0 0 0 1 1
K 1 0 0 1 0 0
MAT.O 1 0 0 0 0 1
MKC 1 0 0 0 1 0
NVS 1 0 1 0 0 0
PDD.O 1 0 0 1 0 0
SPAB.K 1 0 0 0 0 1
KBE 1 0 0 0 0 1
SYY 1 0 0 0 0 1
TROX.K 1 0 0 0 0 1
USFD.K 1 0 0 0 0 1
WBT 1 0 0 0 0 1
XRX 1 0 1 0 0 0
DOCU.O 0 1 0 1 0 0
GRUB.K 0 1 0 1 0 0
HAL 0 1 0 0 1 0
IEI.O 0 1 0 0 0 1
NYT 0 1 0 0 1 0
EGOV.O 0 1 0 0 0 1
SCHR.K 0 1 0 0 0 1
SCHP.K 0 1 0 1 0 0
SM 0 1 0 0 0 1
SPTI.K 0 1 0 0 0 1
SPTS.K 0 1 0 0 0 1
VG.O 0 1 0 0 1 0
Totals 29 12 2 8 7 26

 

This is raw data. These are not recommendations. They represent charts that have triggered short term signals near key cyclical support or resistance levels. Pick through these and see if there are any that you like from your own charts. Feel free to post your charts here with comments.

You can see which ones I actually pick each week by subscribing to Technical Trader.

Swing Trade Picks For Week of April 19, 2021

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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