The Best of the NASDAQ 100

Today I wanted to find the NASDAQ 100 stocks that were performing the best.  I used Barchart to sort the NASDAQ 100 Index stocks first for a Weighted Alpha of more than 50.00 + then again for technical buy signals of  80% or better.  Only 4 made the cut: Nvidia (NVDA), Starbucks (SBUX), O'Reilly Automotive (ORLY) and Activision Blizzard (ATVI).

Nvidia (NVDA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• 54.21+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 19.63% in the last month
• Relative Strength Index 72.30%
• Barchart computes a technical support level at 25.01
• Recently traded at 26.02 with a 50 day moving average of 22.68

Starbucks (SBUX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 55.12+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 8.29% in the last month
• Relative Strength Index 59.94%
• Barchart computes a technical support level at 57.57
• Recently traded at 58.78 with a 50 day moving average of 56.47

O'Reilly Automotive (ORLY)

Barchart technical indicators:

• 80% Barchart technical buy signals
• 57.98+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.30% in the last month
• Relative Strength Index 55.92%
• Barchart computes a technical support level at 247.78
• Recently traded at 251.78 with a 50 day moving average of 245.23

Activision Blizzard (ATVI)

Barchart technical indicators:

• 80% Barchart technical buy signals
• 74.45+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 13.67% in the last month
• Relative Strength Index 65.64%
• Barchart computes a technical support level at 30.96
• Recently traded at 31.94 with a 50 day moving average of 29.12