5 NADSDAQ 100 Gems

Today I used Barchart to sort the NASDAQ 100 Index to find the stocks with best technical indicators and charts.  My list today includes Baidu (BIDU), Apple (AAPL), Mylan (MYL), Amgen (AMGN) and Celgene (CELG).

Please note that I am a momentum trader and select my stocks based on CURRENT momentum.  The charts cover the last 6 months to give you some HISTORY on the price action but my major keys are how many times a stock hit a new high in the last 20 trading sessions and is it showing price support by trading above its 20, 50 and 100 day moving averages.

Baidu (BIDU)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 50.67% in the last month
• Relative Strength Index 84.48%
• Barchart computes a technical support level at 131.79
• Recently traded at 138.12 with a 50 day moving average of 103.47

Apple (AAPL)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 11.75% in the last month
• Relative Strength Index 73.31%
• Barchart computes a technical support level at 454.49
• Recently traded at 466.65 with a 50 day moving average of 431.42

Mylan (MYL)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 18.42% in the last month
• Relative strength Index 84.62%
• Barchart computes a technical support level at 34.73
• Recently traded at 36.51 with a 50 day moving average of 31.63

Amgen (AMGN)

Barchart technical indicators:

• 40% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 10.77% in the last month
• Relative Strength Index 57.62%
• Barchart computes a technical support level at 107.29
• Recently traded at 108.19 with a 50 day moving average of 101.98

Celgene (CELG)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 19.90% in the last month
• Relative strength Index 70.91%
• Barchart computes a technical support level at 143.89
• Recently traded at 147.35 with a 50 day moving average of 126.68