The 2 Best NASDAQ 100 Stocks

Today I used Barchart to sort the NASDAQ 100 Index stock for those having both a technical buy signal of 80% or better and also a Weighted Alpha of 50.00+.  Today only one made the list; Activision Blizzard (ATVI) and another one was close; Nvidia (NVDA).

Activision Blizzard (ATVI)

Barchart technical indicators:

• 80% Barchart technical buy signals
• 56.94+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 11.13% in the last month
• Relative Strength Index 59.33%
• Barchart computes a technical support level at 30.04
• Recently traded at 31.60 with a 50 day moving average of 28.65

Nvidia (NVDA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• 31.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 8.45% in the last month
• Relative Strength Index 67.27%
• Barchart computes a technical support level at 23.48
• Recently traded at 24.09 with a 50 day moving average of 22.11