5 Nasdaq 100 Stocks For Momentum Investors

Today I used Barchart to sort the NASDAQ 100 Index stocks first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more. Next I used to Flipchart feature to review the charts for consistency.

Today's additions to the watch list include: Gilead Sciences (GILD), Citrix Systems (CTXS), Nvidia (NVDA), Linear Technologies (LLTC) and Comcast A (CMCSA)

Gilead Sciences

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 4.33% in the last month
  • Relative Strength Index 61.99%
  • Technical support level at 60.90
  • Recently traded at 61.67 with a 50 day moving average of 59.47

Citrix Systems

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 4.66% in the last month
  • Relative Strength Index 64.61
  • Technical support level at 78.68
  • Recently traded at 79.83 with a 50 day moving average of 73.80

Nvidia

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 9.44% in the last month
  • Relative Strength Index 75.10%
  • Technical support level at 36.35
  • Recently traded at 36.91 with a 50 day moving average of 43.50

Linear Technology

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 2.74% in the last month
  • Relative Strength Index 57.69%
  • Technical support level at 44.61
  • Recently traded at 44.90 with a 50 day moving average of 43.50

Comcast A

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 4.33% in the last month
  • Relative Strength Index 61.99%
  • Technical support level at 60.90
  • Recently traded at 61.61 with a 50 day moving average of 59.47

Disclosure: None.

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