5 Dividend Stocks Flashing Bullish Technical Signals

by Profit Scanner | April 11, 2014 11:35 am

5 Dividend Stocks Flashing Bullish Technical Signals

Despite recent selling, from a macro standpoint, most of the headlines are positive for equities. Overseas, Europe is posting better-than-expected economic data, China is upping fiscal stimulus, and India is leading a rebound in emerging markets from a very tough multi-month slide.

chart computer 5 Dividend Stocks Flashing Bullish Technical Signals

On U.S. soil, the Fed remains committed to accommodative monetary policy, and corporations are in very good shape in terms of balance sheets, raising dividends, making acquisitions and increasing share repurchases.

But it’s true that markets don’t recover overnight from a nasty beating. To be clear, the shift to high-quality, dividend-paying stocks won’t be a short-term trade but a genuine rotation to diversify into lower-beta exposure to even out the risk/reward ratios of portfolio is in the making.

But as the luster comes back to high-yield, Profit Scanner has uncovered five dividend stocks with strong technical pictures for the short-, intermediate- and long-term time-frames to fit nicely within the macro landscape.

Western Asset Global High Income Fund (EHI)

EHIVAL 300x172 5 Dividend Stocks Flashing Bullish Technical Signals
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Western Asset Global High Income Fund
(EHI[1]) is a non-diversified, closed-end management investment company that is managed by Legg Mason subsidiary. It’s a monthly payer throwing off a 9.52% yield with a history of steady payouts. EHI’s technical picture looks like an increase is on the horizon for the stock price.

Short-Term

Intermediate-Term

Long-Term

American Capital Agency Corp. (AGNC)

AGNCVAL 300x175 5 Dividend Stocks Flashing Bullish Technical Signals
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American Capital Agency Corp.
(AGNC[7]) is a popular, highly liquid mREIT that’s touted frequently in the media by investing experts and gives off an 11.66% yield with the dividend paid quarterly. After taking a hit in the summer of 2013, but the charts could be signaling a rebound for AGNC. Early April saw several bullish signals for AGNC on the short-, intermediate- and long-term charts.

Short-Term

Intermediate-Term

Long-Term

Armour Residential REIT (ARR)

ARRVAL 300x175 5 Dividend Stocks Flashing Bullish Technical Signals
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ARMOUR Residential REIT
(ARR[9]) 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

Intermediate-Term

Long-Term

Niska Gas Storage Partners LLC (NKA)

NKAVAL 300x177 5 Dividend Stocks Flashing Bullish Technical Signals
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Niska Gas Storage Partners LLC
(NKA[10]), a publicly-traded limited liability company, is the largest independent owner and operator of natural gas storage assets in North America. NKA owns and operates approximately 225.5 billion cubic feet of total working gas capacity, and it offers a 9.42% yield that it pays throughout the year. Coming off of a very strong – very cold – winter, the stock took a big hit toward the end of February and has been rebuilding since then. The charts indicate there’s plenty of room for NKA to run.

Short-Term

Intermediate-Term

Long-Term

Health Care REIT (HCN)

HCNVAL 300x180 5 Dividend Stocks Flashing Bullish Technical Signals
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As its name suggests, Health Care REIT (HCN[11]) Health Care REIT, Inc. is an independent equity real estate investment trust that focuses on senior living and health care properties, including medical office buildings, inpatient and outpatient medical centers and life science facilities. It pays a smaller 5.3% yield, distributed quarterly, but the dividend has a history of increases and just went up again in February. The charts show that the stock is also set to move up.

Short-Term

Intermediate-Term

Long-Term

It’s important to note that technical indicators should be considered with a number of factors, but these signals are significant as many stocks can do weeks or even months without emitting any kind of technical signals. Profit Scanner powered by Recognia can help traders of all levels uncover these signals to determine the best timing to buy. Or use Profit Scanner’s technical insight to validate your own trading ideas. See how easy this powerful tool is to help you uncover hidden opportunities in the market[13].

Endnotes:
  1. EHI: http://studio-5.financialcontent.com/investplace/quote?Symbol=EHI
  2. moving average: http://investorplace.com/2014/04/technical-analysis-help/
  3. MACD signal: http://investorplace.com/2014/04/technical-analysis-help/
  4. Williams Percent Range: http://investorplace.com/2014/04/technical-analysis-help/
  5. see here for more on how traders use it: http://investorplace.com/2012/04/healthy-correction-or-bigger-pullback-this-indicator-knows-qqq-gld-slv-tlt
  6. Commodity Channel Index: http://investorplace.com/2014/04/technical-analysis-help/
  7. AGNC: http://studio-5.financialcontent.com/investplace/quote?Symbol=AGNC
  8. Inside Bar Pattern: http://investorplace.com/2014/04/technical-analysis-help/
  9. ARR: http://studio-5.financialcontent.com/investplace/quote?Symbol=ARR
  10. NKA: http://studio-5.financialcontent.com/investplace/quote?Symbol=NKA
  11. HCN: http://studio-5.financialcontent.com/investplace/quote?Symbol=HCN
  12. “Know Sure Thing”: http://investorplace.com/2014/04/technical-analysis-help/
  13. See how easy this powerful tool is to help you uncover hidden opportunities in the market: http://profit-scanner.com/index.html

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