The 5 Best of the IBD 50

Each week Investors Business Daily publishes the IBD 50 which is their 50 top rated stocks.  I use Barchart to sort those 50 stocks first by the Barchart technical buy signals, then I use the Flipchart feature to review the chart of consistent upward momentum.  Today's list includes:

Michael Kors (KORS), Ellie Mae (ELLI), Equity Lifestyle Properties (ELS), TAL Education Group (XRS) and Edwards Lifesciences (EW).

Michael Kors (KORS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 44.29% in the last month
• Relative Strength Index 78.11%
• Technical support level at 53.28
• Recently traded at 55.44 with a 50 day moving average of 43.11

Ellie Mae (ELLI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 27.20% in the last month
• Relative Strength Index 67.76%
• Technical support level at 77.05
• Recently traded at 83.74 with a 50 day moving average of 66.47

Equity Lifestyle Properties (ELS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.01% in the last month
• Relative Strength Index 60.24%
• Technical support level at 6893
• Recently traded at 69.11 with a 50 day moving average of 66.04

TAL Education Group (XRS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.39% in the last month
• Relative Strength Index 64.71%
• Technical support level at 49.60
• Recently traded at 50.82 with a 50 day moving average of 46.27

Edwards Lifesciences (EW)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 10.22% in the last month
• Relative Strength Index 64.17%
• Technical support level at 85.32
• Recently traded at 87.05 with a 50 day moving average of 79.77