Friday, February 10, 2017

5 NASDAQ 100 Stocks for Momentum Investors

Today I wanted to find the 5 NASDAQ 100 stocks that would be of interest to Momentum Investors. I used Barchart to sort the stocks in the NASDAQ 100 Index first by the most frequent new highs in the last month, then again by technical buy signals of 80% or more.  Today's Watch List includes:

Symantec (SYMC),  Applied Materials (AMAT), Broadcom (AVGO), Apple (AAPL) and Electronic Arts (EA)

Symantec (SYMC)


Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 15.66% in the last month
  • Relative Strength Index 81.49%
  • Technical support level at 28.63
  • Recently traded at 29.02 with a 50 day moving average of 25.67


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 6.60% in the last month
  • Relative Strength Index 63.23%
  • Technical support level at 35.24
  • Recently traded at 35.34 with a 50 day moving average of 33.25
Broadcom (AVGO)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 13.84% in the last month
  • Relative Strength Index 69.00%
  • Technical support level at 203.42
  • Recently traded at 205.79 with a 50 day moving average of 185.16
Apple (AAPL)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 11.04% in the last month
  • Relative Strength Index 87.60%
  • Technical support level at 131.54
  • Recently traded at 132.21 with a 50 day moving average of 118.96


Barchart technical indicators:
  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 9.85% in the last month
  • Relative Strength Index 71.19%
  • Technical support level 82.03
  • Recently traded at 86.51 with a 50 day moving average of 80.27

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