The 5 Hottest Momentum Stocks
This morning I wanted to find the 5 hottest Momentum stocks so I used Barchart to sort the Russell 3000 Index stocks first for the most number of advances in the last 20 trading sessions then I reviewed the charts using the Flipchart feature.
Today list includes Ultratech (NASDAQ:UTEK), SeaWorld Entertainment (NYSE:SEAS), Integra Lifesciences (NASDAQ:IART), Central European Media Enterprises (NASDAQ:CETV), and Hormel Foods (NYSE:HRL).
Ultratech
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 22.24% in the last month
- Relative Strength Index 82.57%
- Barchart computes a technical support level at 19.07
- Recently traded at 19.95 with a 50 day moving average of 16.46
SeaWorld Entertainment
Barchart technical indicators:
- 72% Barchat technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 13.60% in the last month
- Relative Strength Index 73.58%
- Barchart computes a technical support level at 19.18
- Recently traded at 19.80 with a 50 day moving average of 18.26
Integra Lifesciences
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 9.39% in the last month
- Relative Strength Index 72.33%
- Barchart computes a technical support level at 66.55
- Recently traded at 67.82 with a 50 day moving average of 62.53
Central European Media Enterprises
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 25.57% in the last month
- Relative Strength Index 80.35%
- Barchart computes a technical support level at 2.63
- Recently trade at 2.75 with a 50 day moving average of 2.22
Hormel Foods
Barchart technical indicators:
- 88% BArchart technical buy signals
- Trend Spotter buy signal'
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 15.15% in the last month
- Relative Strength Index 72.36%
- Barchart computes a technical support level at 77.66
- Recently traded at 79.75 with a 50 day moving average if 71.38
Disclosure: None.