This week I added the following stocks to the Barchart Van Meerten New High portfolio for superior upward momentum: Reynolds America (NYSE:RAI), Synnex (NYSE:SNX), Global Payments (NYSE:GPN), Selective Insurance (NASDAQ:SIGI) and Central Garden and Pet (NASDAQ:CENTA).

Reynolds America

Barchart technical indicators:

• 96% Barchart technical buy signals
• 64.00+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 11.64% in the last month
• Relative Strength Index 71.87%
• Barchart computes a technical support level at 46.07
• Recently traded at 47.47 with a 50 day moving average of 43.18

Synnex

Barchart technical indicators:

• 96% Barchart technical buy signals
• 48.80+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 6.52% in the last month
• Relative Strength Index 67.83%
• Barchart computes a technical support level at 89.68
• Recently traded at 92.25 with a 50 day moving average of 82.88

Global Payments

Barchart technical indicators:

• 80% Barchart technical buy signals
• 80.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 13.82% in the last month
• Relative Strength Index 64.94%
• Barchart computes a technical support level at 125.28
• Recently traded at 130.37 with a 50 day moving average of 116.45

Selective Insurance

Barchart technical indicators:

• 96% Barchart technical buy signals
• 48.86+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 9.71% in the last month
• Relative Strength Index 69.32%
• Barchart computes a technical support level at 33.57
• Recently traded at 34.82 with a 50 day moving average of 31.57

Central Garden and Pet

Barchart technical indicators:

• 100% Bar chart technical buy signals
• 159.56+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 16.78%
• Relative Strength Index 71.34%
• Barchart computes a technical support level at 17.10
• Recently traded at 18.52 with a 50 day moving average of 14.71