Today I wanted to find the best stocks in the NASDAQ 100 Index so I used Barchart to sort the list first by Weighted Alpha then for Technical Buy Signals of 80% or better. Next I used the Flipchart feature to review the charts.
Today's list includes Netflix (NFLX), Monster Beverage (MNST), O'Reilly Automotive (ORLY), Starbucks (SBUX) and Ross Stores (ROST).
Netflix (NFLX)
Barchart technical indicators:
- 88% Barchart technical buy signals
- 95.06+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 4 new highs and up 8.09% in the last month
- Relative Strength Index 65.88%
- Barchart computes a technical support level at 121.58
- Recently traded at 124.05 with a 50 day moving average of 105.55
Barchart technical indicators:
- 80% Barchart technical buy signals
- 68.74+ Weighted Alpha
- Trend Spotter hold signal
- Above its 20, 50 and 100 day moving averages
- 9 new highs and up 7.47% in the last month
- Relative Strength Index 57.42%
- Barchart computes a technical support level at 149.01
- Recently traded at 150.22 with a 50 day moving average of 140.55
Barchart technical indicators:
- 96% Barchart technical buy signals
- 63.69+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 6.60% in the last month
- Relative Strength Index 74.39%
- Barchart computes a technical support level at 250.89
- Recently traded at 254.45 with a 50 day moving average of 236.83
Barchart technical indicators:
- 88% Barchart technical buy signals
- 53.33+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 3.84% in the last month
- Relative Strength Index 61.28%
- Barchart computes a technical support level at 57.45
- Recently traded at 57.83 with a 50 day moving average of 55.40
Barchart technical indicators:
- 100% Barchart technical buy signals
- 50.27+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 8.15% in the last month
- Relative Strength Index 77.22%
- Barchart computes a technical support level at 55.06
- Recently traded at 56.53 with a 50 day moving average of 51.55
