Friday, January 4, 2013

NASDAQ 100 soars

What a difference a week makes.  This time last week the NASDAQ 100 was showing signs of caution.  Not a single stock was above an 80% Barchart technical buy signal.  Today 39 of the 100 stocks are above that level.  I sorted the index to find 5 with the best Barchart technical indicators and charts.  The list today includes Analog Devices (ADI), Discovery Communications (DISCA), Expeditors International of Washington (EXPD), Expedia (EXPE) and Liberty Global (LBTYA):

Analog Devices (ADI)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 7.05% in the last month
  • Relative Strength Index 64.03%
  • Barchart computes a technical support level at 42.14
  • Recently traded at 43.29 with a  day moving average of 40.70


Barchart technical indicators:
  • 100% Barchart technical buy signal
  • rend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 9.31% in the last month
  • Relative Strength Index 68.47%
  • Barchart computes a technical support level at 64.72
  • Recently traded at 65.53 with a 50 day moving average of 59.91
Expeditors International of Washington (EXPD)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 10.79% in the last month
  • Relative Strength Index 73.00%
  • Barchart computes a technical support level at 40.65
  • Recently traded at 41.03 with a 50 day moving average of 37.59
Expedia (EXPE)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 6 new highs and up 3.37% in the past month
  • Relative Strength Index 59.76%
  • Barchart computes a technical support level at 61.52
  • Recently traded at 62.83 with a 50 day moving average of 58.97
Liberty Global (LBTYA)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 13.70% in the last month
  • Relative Strength Index 72.75%
  • Barchart computes a technical support level at 64.35
  • Recently traded at 65.30 with a 50 day moving average of 59.64











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