5 Large Caps with Great Momenutm

This morning I wanted to find 5 Large Cap stocks that had great current momentum so I used Barchart to sort the S&P 500 Large Cap 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. Today's Watch List includes:

Ansys (ANNS), DR Horton (DHI), TE Connectivity (TEL), Texas Instruments (TXN), and Entergy (ETR)

Ansys (ANNS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 10.12% in the last month
• Relative Strength Index 70.76%
• Technical support level at 131.69
• Recently traded at 132.90 with a 50 day moving average of 126.96

DR Horton (DHI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 16.26% in the last month
• Relative Strength Index 85.94%
• Technical support level at 42.85
• Recently traded at 43.63 with a 50 day moving average of 38.56

TE Connectivity (TEL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 7.98% in the last month
• Relative Strength Index 70.70%
• Technical support level at 88.39
• Recently traded at 88.48 with a 50 day moving average of 82.90

Texas Instruments (TXN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 9.52% in the last month
• Relative Strength Index 77.72%
• Technical support level at 94.42
• Recently traded at 96.24 with a 50 day moving average of 87.27

Entergy (ETR)

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 11.71% in the last month
• Relative Strength Index 78.79%
• Technical support level at 84.98
• Recently traded at 86.87 with a 50 day moving average of 79.86

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#ANNS #DHI #TEL #TXN #ETR