The Best Of The Nasdaq 100

Today I wanted to find the NASDAQ 100 stocks that were performing the best. I used Barchart to sort the NASDAQ 100 Index stocks first for a Weighted Alpha of more than 50.00 + then again for technical buy signals of 80% or better. Only 4 made the cut: Nvidia (NASDAQ:NVDA), Starbucks (NASDAQ:SBUX), O'Reilly Automotive (NASDAQ:ORLY) and Activision Blizzard (NASDAQ:ATVI).

Nvidia

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • 54.21+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 19.63% in the last month
  • Relative Strength Index 72.30%
  • Barchart computes a technical support level at 25.01
  • Recently traded at 26.02 with a 50 day moving average of 22.68

Starbucks

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • 55.12+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 8.29% in the last month
  • Relative Strength Index 59.94%
  • Barchart computes a technical support level at 57.57
  • Recently traded at 58.78 with a 50 day moving average of 56.47

O'Reilly Automotive

Barchart technical indicators:

  • 80% Barchart technical buy signals
  • 57.98+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 7.30% in the last month
  • Relative Strength Index 55.92%
  • Barchart computes a technical support level at 247.78
  • Recently traded at 251.78 with a 50 day moving average of 245.23

Activision Blizzard

Barchart technical indicators:

  • 80% Barchart technical buy signals
  • 74.45+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 13.67% in the last month
  • Relative Strength Index 65.64%
  • Barchart computes a technical support level at 30.96
  • Recently traded at 31.94 with a 50 day moving average of 29.12

 

Disclosure: I have no positions in ...

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