JimVanMeerten (47.34)

3 NASDAQ 100 stocks on the move up

March 15, 2012 – Comments (0) | RELATED TICKERS: COST , ROST , PCLN

This morning I used Barchart to screen the NASDAQ 100 stocks to find the 3 with the most steady and consistent upward price momentum and found Costco Wholesale (COST), Ross Stores (ROST) and Priceline.com (PCLN)

Costco Wholesale (COST)

Barchart technical indicators:

1 - 100% Barchart technical buy signal

2 - Trend Spotter buy signal

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

4 - 15 new highs and up 8.09% in the last month

5 - Relative Strength Index 83.03%

6 - Barchart computes a technical support level at 88.94

7 - Recently traded at 90.90 with a 50 day moving average of 84.10

Ross Stores (ROST)

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 - 14 new highs and up 9.00% in the last month

5 - Relative Strength Index 74.88%

6 - Barchart computes a technical support level at 55.88

7 - Recently traded at 56.57 with a 50 day moving average of 52.24

Priceline.com (PCLN)

Barchart technical indicators:

1 - 80% 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 12.79% in the last month

5 - Relative Strength Index 72.39%

6 - Barchart computes a technical support level at 639.76

7 - Recently traded at 650.75 with a 50 day moving average of 557.95