JimVanMeerten (47.28)

3 Great NASDAQ 100 Stocks

August 16, 2012 – Comments (0) | RELATED TICKERS: VRSN , PAYX , ORCL

Today I used Barchart to screen the NASDAQ 100 Index stocks to find the 3 with the most favorable technical indicators and charts and found Verisign (VRSN), Paychex (PAYX) and Oracle (ORCL)

Verisign (VRSN)

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 12 new highs and up 10.43% in the last month

5 - Relative Strength Index 69.19%

6 - Barchart computes a technical support level at 47.31

7 - Recently traded at 47.76 with a 50 day moving average of 43.75

Paychex (PAYX)
Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving average

4 - 2 new highs and up 3.90% in the last month

5 - Relative Strength Index 60.98%

6 - Barchart computes a technical support level at 32.72

7 - Recently traded at 33.28 with a 50 day moving average of 32.10

Oracle (ORCL)
Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 7 new highs and up 8.50% in the last month

5 - Relative Strength Index 66.78%

6 - Barchart computes a technical support support level at 31.26

7 - Recently traded at 32.03 with a 50 day moving average of 29.39