This week I will continue to delete stocks that are not performing but continue to hold those beating the market.

The following stocks continue to exhibit sell signals and are being deleted from the Barchart Van Meerten Speculative portfolio: Ossen Innovation, Neothetics, Nomura Holdings and Universal Security.

Ossen Innovation (OSN)

Barchart technical indicators

  • 48% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 50.32% off its 52 week high
  • Relative Strength Index 41.17%
  • Recently traded at .77 which is below its 50 day moving average of .93
  • Neothetics (NEOT)

    Barchart technical indicators:

  • 8% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 22.52% off its 52 week high
  • Relative Strength Index 44.13%
  • Recently traded at 11.51 which is below its 50 day moving average of 11.89
  • Nomura Holdings (NMR)

    Barchart technical indicators:

  • 64% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 16.39% off its 52 week high
  • Relative Strength Index 35.12%
  • Recently traded at 6.14 which is below ts 50 day moving average of 6.84
  • Universal Security (UUU)

    Barchart technical indicators:

  • 72% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 22.38% off its 52 week high
  • Relative Strength Index 40.60%
  • Recently traded at 5.34 which is below its 50 day moving average of 5.92
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