Editors' pick: Originally published April 14.
If you can run a filter to find five high-yield stocks that have been growing their dividends for half a century, why not add another filter to highlight the ones that also have viable uptrends?
There are three legs to the research stool: fundamentals, quantitative analysis and technical analysis. The stool doesn't stand up well when you ignore a leg.
If we take this list and overlay some simple technical indicators, we can cut the field down to three names. Here's a closer look.
Northwest National Gas
In this weekly chart of Northwest National Gas (NWN) , above, we can see prices above the rising 40-week simple moving average line. This is a good longer-term measure of trend.
In the lower panels, we can see a rising on-balance-volume, or OBV, line telling us that buying has been aggressive, with more volume traded on weeks when Northwest National Gas closed higher.
The trend-following moving average convergence/divergence oscillator is in positive position above the zero line.
This weekly chart of Coca-Cola (KO) , above, is also bullish, with the stock breaking out to new highs this year.
The OBV line is rising nicely on this chart, confirming the uptrend.
In the bottom panel, the MACD oscillator is pointed up and has confirmed the rally since October.
This is our last positive-looking chart starting from the five candidates.
Vectren (VVC) recently broke out above its 2015 highs. Prices are above the rising 40-week moving average line.
The on-balance-volume line is pointing up. The MACD oscillator is also bullish.