My 5 Favorite Nasdaq 100 Stocks

The Nasdaq 100 Index has had a great year but many of the components of the Index have had erratic charts. Today I used Barchart to sort Nasdaq 100 Index stocks firs for the highest Barchart technical buy signals and then used the Flipchart feature to review the charts for consistent price appreciation. Today's watch-list includes: Texas Instruments, Citrix Systems, Ross Stores, Cisco Systems and Dollar Tree.

Texas Instruments (TXN)

TXN

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 8.09% in the last month
  • Relative Strength Index 72.78%
  • Technical support level at 104.21
  • Recently traded at 105.09 with a 50 day moving average of 98.97

Citrix Systems (CTXS)

CTXS

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 3 new highs in the last month
  • Relative Strength Index 60.78%
  • Technical support level at 87.67
  • Recently traded at 88.19 with a 50 day moving average of 85.90

Ross Stores (ROST)

ROST

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 6.60% in the last month
  • Relative Strength Index 73.77%
  • Technical support level at 79.82
  • Recently traded at 80.88 with a 50 day moving average of 71.73

Cisco Systems (CSCO)

CSCO

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 2.54% in the last month
  • Relative Strength Index 65.71%
  • Technical support level at 65.71
  • Recently traded at 38.66 with a 50 day moving average of 36.37

Dollar Tree (DLTR)

DLTR

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 5.74% in the last month
  • Relative Strength Index 62.97%
  • Technical support level at 106.82
  • Recently traded at 108.61 with a 50 day moving average of 100.13

Disclosure: None.

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