3 Large Caps with momentum

This weekend I used Barchart to screen the S & P 500 Large Cap Index stocks to find the 3 with the best technical indicators and found Merck (MRK), Bristol-Myers Squibb (BMY) and Whole Foods Market (WFM)

Merck (MRK)

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 7.26% in the last month
• Relative Strength Index 73.04%
• Barchart computes a technical support level at 39.25
• Recently traded at 40.18 with a 50 day moving average of 38.33

Bristol-Myers Squibb (BMY)

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 7.71% in the last month
• Relative Strength Index 73.28%
• Barchart computes a technical support level at 34.61
• Recently traded at 35.36 with a 50 day moving average of 33.62

Whole Foods Market ( WFM)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 10.80% in the last month
• Relative Strength Index 65.82%
• Barchart computes a technical support level at 93.17
• Recently traded at 96.27 with a 50 day moving average of 87.93