Tuesday, April 26, 2016

5 NASDAQ 100 Stocks for Momentum Investors

Today I used Barchart to sort the NASDAQ 100 Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts for consistency.  Today's watch list includes:

21st Century Fox (FOX), Gilead Sciences (GILD), Liberty Interactive (QVCA), Amgen (AMGN) and Ulta Salon Cosmetics (ULTA)

21st Century Fox (FOX)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 9.85% in the last month
  • Relative Strength Index 73.46%
  • Technical support level at 30.42
  • Recently traded at 30.83 with a 50 day moving average of 28.40


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 11.06% in the last month
  • Relative Strength Index 70.36%
  • Technical support level at 101.18
  • Recently traded at 101.45 with a 50 day moving average of 92.79


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.81% in the last month
  • Relative Strength Index 62.65%
  • Technical support level at 26.31
  • Recently traded at 26.71 with a 50 day moving average of 25.53
Amgen (AMGN)


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 8.62% in the last month
  • Relative Strength Index 64.60%
  • Technical support level at 161.55
  • Recently traded at 162.57 with a 50 day moving average of 151.36


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 7.44% in the last month
  • Relative Strength Index 66.49%
  • Technical support level at 202.50
  • Recently traded at 206.04 with a 50 day moving average of 184.62










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