5 Nasdaq 100 Stocks For Momentum Investors - Wednesday, January 25
I wanted to find 5 Nasdaq 100 stock that would be of interest to momentum investors so 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. Today's watch list includes:
Symantec (Nasdaq: SYMC), 21st Century Fox (Nasdaq: FOX), Adobe Systems (Nasdaq: ADBE), Charter Communication (Nasdaq: CHTR), Tesla Motors (Nasdaq: TSLA)
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 13.17% in the last month
- Relative Strength Index 80.73%
- Technical support level at 80.73
- Recently traded at 27.32 with a 50 day moving average of 24.82
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 7.51% in the last month
- Relative Strength Index 66.63%
- Technical support level at 29.51
- Recently traded at 29.73 with a 50 day moving average of 28.13
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 8.46% in the last month
- Relative Strength Index 76.79%
- Technical support level at 111.98
- Recently traded at 113.98 with a 50 day moving average of 105.58
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 6.16% in the last month
- Relative Strength Index 69.64%
- Technical support level at 306.84
- Recently traded at 308.54 with a 50 day moving average of 285.63
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 18.93% in the last month
- Relative Strength Index 82.32%
- Technical support level at 251.24
- Recently traded at 252.48 with a 50 day moving average of 208.52
Disclosure: None.