Key reversal levels for stocks

Just a test post showing key reversal levels for individual stocks.

Today’s key reversal levels for the 65 Dow Composite stocks:

Daily Current Mode (D) Key (D) MoM (D) Days % Ch.
AEP 46.72 44.04 6.61 10 6.01
AES 14.07 13.62 6.98 10 3.76
ALK 69.68 63.37 6.64 8 9.59
AXP 80.90 76.21 10.00 9 7.39
BA 128.98 118.57 8.46 10 8.75
CAT 84.53 85.51 4.11 1 1.45
CHRW 61.12 59.19 4.24 4 1.31
CNP 24.62 24.05 3.71 27 4.86
CNW 45.29 44.19 5.39 10 3.54
CSCO 22.37 23.38 -3.80 20 -4.20
CSX 26.45 25.66 1.58 3 1.46
CVX 120.56 120.81 1.80 18 -0.59
D 64.16 62.28 5.17 30 6.12
DAL 26.32 23.74 5.38 33 19.04
DD 61.38 58.45 5.70 6 3.84
DIS 69.05 65.58 7.66 32 9.39
DUK 71.63 68.29 8.26 11 5.76
ED 58.22 56.13 5.84 5 2.28
EIX 48.76 46.96 6.62 26 5.03
EXC 27.74 29.42 -5.67 6 -3.31
EXPD 46.30 43.32 4.06 4 5.61
FDX 131.57 120.01 10.00 10 14.95
FE 37.43 37.29 2.08 11 -1.11
GE 25.94 24.47 9.40 10 6.66
GMT 50.79 47.49 8.43 7 5.61
GS 159.96 157.68 0.74 6 2.22
HD 76.78 74.83 -0.78 0 0.00
IBM 177.80 183.05 -8.16 19 -4.18
INTC 23.78 23.27 5.67 9 2.99
JBHT 75.19 73.20 4.10 9 1.53
JBLU 7.60 6.89 8.24 32 14.98
JNJ 92.35 89.10 8.81 9 3.96
JPM 52.48 52.39 3.79 10 -0.91
KEX 90.34 87.73 7.08 9 4.23
KO 38.80 38.13 5.97 5 0.57
KSU 124.46 113.68 8.89 33 12.56
LSTR 54.97 57.26 3.86 0 0.00
LUV 17.02 15.03 9.91 32 22.71
MATX 27.59 26.67 3.89 9 2.30
MCD 94.68 95.66 -0.88 18 -1.56
MMM 123.49 119.75 7.51 10 3.63
MRK 46.22 47.33 -4.37 11 -2.90
MSFT 33.72 34.42 3.18 1 -0.30
NEE 85.17 81.62 8.05 10 4.76
NI 32.13 30.64 7.52 29 5.97
NKE 75.51 72.26 8.17 36 16.17
NSC 87.87 78.19 8.55 10 11.28
PCG 41.50 40.91 2.64 5 0.24
PEG 33.98 33.28 3.15 27 3.16
PFE 30.61 29.24 8.79 8 4.79
PG 80.61 77.77 8.22 9 4.14
R 65.28 60.29 7.18 8 6.41
SO 42.01 41.40 3.42 5 -0.19
T 34.63 34.02 7.53 10 1.46
TRV 87.03 84.39 6.35 10 3.55
UAL 31.30 31.64 0.09 19 2.35
UNH 67.61 71.91 -7.87 5 -5.12
UNP 154.15 156.30 -1.54 5 1.41
UPS 94.49 90.74 8.18 9 4.59
UTX 107.06 105.34 1.86 9 0.97
V 202.91 190.90 7.63 9 6.59
VZ 50.42 48.08 9.58 6 3.81
WMB 36.88 35.79 3.24 4 1.99
WMT 76.42 74.23 4.24 10 2.43
XOM 88.42 86.74 3.48 8 1.09

(Legend: BB : green = bullish, red = bearish | Key: key reversal level | MoM: MoM indicator | Days: days since start of current rally or decline | % Ch: percent change since start of current move)
(for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/ )
(for information about the MoM indicator, see: https://lunatictrader.wordpress.com/2013/09/14/mom-indicator/ )

The yellow color boxes alerts you of stocks that just changed between bearish and bullish, or are changing momentum.

Yellow in the “Days” column shows you that the given stock has broken through it’s daily key reversal level on yesterday’s close.

In the case of HD, we see it is now bullish (green) so it can be bought on today’s open or on a slight pullback.

For LSTR, we see it is now bearish (red), so this stock can be sold on today’s open or on any small bounce.

In the momentum (MoM) column you also see some yellow boxes. This shows you stocks where the MoM is just reversing from yesterday. If a yellow-boxed MoM is printed in green it means that MoM is turning up, which is often a good place to buy (or cover shorts) near the low. If a yellow-boxed MoM is printed in red it means the MoM is turning down, which means you can take profits on long positions (or tighten your stop-loss) or initiate short positions near the highs.

E.g for IBM stock we see it is currently bearish (red), but the MoM is just turning up from a very low level, which is a first positive sign. This means IBM is a speculative buy with an initial target of about 183, it’s key reversal level.

In the case of PFE we see it is currently bullish (green), but MoM is just turning down from a very high level, which is a warning sign. This means you can sell at this point and pocket the 4.79% profit that is in this trade since it went bullish 8 days ago.  Not bad for a week of “work”. Never let a good profit get away, if MoM turns against you but you expect or hope for the rally to continue, then at least move your stops closer to the market.

This is how this key reversal table gives you everything you need to know at the start of the trading day.

Good luck,

Danny

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By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.

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