JimVanMeerten enumerates “sell signals” on ARC shares

American Reprographics sell signals

Per post on APRIL 23, 2011 –

Technical factors signal a sell on American Reprographics (ARC) and a deletion from the Barchart Van Meerten Speculative portfolio.

Technical Factors:

1 - 60% Barchart short term technical sell signal

2 - Trend Spotter sell signal

3 - Trading below the 20 and 50 day moving averages

4 - Off 16.57% from its recent high

5 - Relative strength Index 36.36% and falling

Jim Van Meerten is an analyst for Marketocracy Capital Management He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com in his daily blog - Barchart Portfolio Blogs.

Joel’s comments:

I understand #3 and #4, but I don’t have a clue what the others mean. (I’m not that smart.)

I am aware that RW Baird & Co issued, on March 25, 2011, an upgrade on ARC shares to “outperform”.

Here’s the post we did on Repro 101 about RW Baird’s upgrade action:

http://reprographics.blogspot.com/2011/03/rw-baird-upgrades-american.html

Mr. VanMeerten and RW Baird have opposite opinions, obviously.