My 5 Favorite NASDAQ 100 Stocks

This morning I wanted to find the 5 NASDAQ 100 stocks with the highest Weighted Alpha and the most consistent price appreciation.  I used Barchart to sort the NASDAQ 100 Index stocks first by the highest Weighted Alpha, then used the Flipchart feature to review the charts for consistency.  Today's Watch List includes:

Electro Scientific Industries (ESIO), Hailiang Educations Group (HLG), Square (SQ), Zagg (ZAGG) and Overstock.Com (OSTK)

Electro Scientific Industries (ESIO)

Barchart technical indicators:

• 402.60+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 60.72% in the last month
• Relative Strength Index 77.39%
• Technical support level at 24.23
• Recently traded at 25.12 with a 50 day moving average of 16.94

Hailiang Education Group (HLG)

Barchart technical indicators:

• 345.40+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 125.19% in the last month
• Relative Strength Index 93.76%
• Technical support level at 42.55
• Recently traded at 43.80 with a 50 day moving average of 24.41

Square (SQ)

Barchart technical indicators:

• 286.70+ Weighted Alpha
• 100% technical buy signals
• Trend Spotter buy signal
• Above is 20, 50 and 100 day moving averages
• 16 new highs and up 39.11% in the last month
• Relative Strength Index 89.14%
• Technical support level at 44.51
• Recently traded at 45.2 with a 50 day moving average of 33.17

Zagg (ZAGG)

Barchart technical indicators:

• 279.20+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter  buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 27.99% in the last month
• Relative Strength Index 74.94%
• Technical support level at 21.65
• Recently traded at 21.95 with a 50 day moving average of 16.64

Overstock.Com (OSTK)

Barchart technical indicators:

• 278.80+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 49.08% in the last month
• Relative Strength Index 67.75%
• Technical support level at 53.18
• Recently traded at 56.65 with a 50 day moving average of 35.95