3 High Growth Stock with Great Technicals

This morning I tried an experiment I think you'll enjoy.  I used both a fundamental and technical screener to find 3 High Growth stocks that have great technical indicators.  First, I used the Value Line screener to find the stocks that analysts thought will have at least a 10% increase in revenue, earnings and price.  That narrowed the 1700 stocks in their data base down to 258.  I then entered those into Barchart and sorted for those with the best current technical momentum and found Allegiant Travel Company (ALGT), Nuvasive (NUVA) and Dollar General Corp (DG).  When a stock has very positive projections from the fundamental analysts and great current price momentum how can you miss?


Allegiant Travel Company (ALGT)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 11.19% in the last month
• Relative Strength Index 67.47%
• Barchart computes a technical support level at 68.40
• Recently traded at 69.67 with a 50 day moving average of 62.97

Nuvasive (NUVA)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 17.14% in the last month
• Relative Strength Index 64.01%
• Barchart computes a technical support level at 21.45
• Recently traded at 22.42 with a 50 day moving average of 19.26

Dollar General Corp (DG)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 13.01% in the last month
• Relative Strength Index 68.52%
• Barchart computes a technical support level at 51.61
• Recently traded at 52.38 with a 50 day moving average of 48.04