5 Dividend Stocks Flashing Bullish Technical Signals

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Armour Residential REIT (ARR)

ARRVAL
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ARMOUR Residential REIT
(ARR) runs a highly leveraged portfolio of mortgages and offers a 14.08% that it pays monthly. After a swoon early in the year, ARR’s charts show bullish signs of life.

Short-Term

  • April 7:  A bullish momentum signal.
  • April 7:  ARR’s price crossed the 21-day moving average.
  • April 7: A short-term bullish Williams Percent Range momentum indicator presenting a bullish entry for ARR.
  • April 7: A bullish MACD signal occurred.

Intermediate-Term

  • April 8: ARR’s price crossed the 50-day moving average.
  • April 2: A bullish Symmetrical Continuation Triangle pattern was identified on ARR’s chart. A bullish Symmetrical Continuation Triangle tells traders the price has broken upward out of a consolidation period, suggesting a continuation of a previous uptrend. In this case, the pattern puts ARR’s upside target at $4.46 – $4.52 by approximately May 2.

Long-Term

  • April 4: ARR’s price crossed the 200-day moving average.

Article printed from InvestorPlace Media, http://investorplace.com/2014/04/dividend-stock-technical-hcn-arr-nka-arr/.

©2016 InvestorPlace Media, LLC

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