5 NASDAQ 100 stocks for Momentum Investors

Today I wanted to find the 5 NASDAQ 100 Index stocks that had the most consistent momentum so I used Barchart to sort the NASDAQ 100 Index stocks first by the most frequent number of new highs in the last month. then again for technical buy signals of 80% or better.

Today's Watch List includes:  Starbucks (SBUX), Paccar (PCAR), T-Mobile US (TMUS), Applied Materials (AMAT) and American Airlines (AAL).

Starbucks (SBUX)

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 7.29% in the last month
• Relative Strength Index 67.30%
• Technical support level at 57.15
• Recently traded at 58.50 with a 50 day moving average of 54.60

Paccar (PCAR)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 2061% in the last month
• Relative Strength Index 76.98%
• Technical support level at 63.81
• Recently traded at 67.37 with a 50 day moving average of 58.67

T-Mobile US (TMUS)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 15.19% in the last month
• Relative Strength Index 78.90%
• Technical support level at 54.78
• Recently traded at 58.29 with a 50 day moving average of 50.31

Applied Materials (AMAT)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 9.68% in the last month
• Relative Strength Index 62.91%
• Technical support level at 31.27
• Recently traded at 32.23 with a 50 day moving average of 29.69

American Airlines (AAL)

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 15.64% in the last month
• Relative Strength Index 73.54%
• Technical support level at 46.05
• Recently traded at 47.89 with a 50 day moving average of 41.59