Thursday, March 15, 2012

3 NASDAQ 100 stocks on the move up

This morning I used Barchart to screen the NASDAQ 100 stocks to find the 3 with the most steady and consistent upward price momentum and found Costco Wholesale (COST), Ross Stores (ROST) and Priceline.com (PCLN)

Costco Wholesale (COST)


Barchart technical indicators:
  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 8.09% in the last month
  • Relative Strength Index 83.03%
  • Barchart computes a technical support level at 88.94
  • Recently traded at 90.90 with a 50 day moving average of 84.10
Ross Stores (ROST)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 14 new highs and up 9.00% in the last month
  • Relative Strength Index 74.88%
  • Barchart computes a technical support level at 55.88
  • Recently traded at 56.57 with a 50 day moving average of 52.24
Priceline.com (PCLN)


Barchart technical indicators:
  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 12.79% in the last month
  • Relative Strength Index 72.39%
  • Barchart computes a technical support level at 639.76
  • Recently traded at 650.75 with a 50 day moving average of 557.95




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