JimVanMeerten (47.28)

5 NASDAQ 100 Picks

November 09, 2012 – Comments (0) | RELATED TICKERS: CHRW , MXIM , YHOO

I'm still not investing my cash yet but for those who do want back into the market I screened the NASDAQ 100 Index to screen for the 5 with the best Barchart technical indicators and charts.  Near the top of my list are C H Robinson (CHRW), Maxim Integrated Products (MXIM), Mylan (MYL), Yahoo! (YHOO) and Texas Instruments (TXN):

C H Robinson Worldwide (CHRW)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

5 new highs and up 2.52% in the last month

Relative Strength Index 56.01%

Barchart computes a technical; support level at 60.32

Recently traded at 61.50 with a 50 day moving average of 58.99

Maxim Integrated Products (MXIM)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving average

6 new highs and up 3.13% in the last month

Relative strength Index 58.79%

Barchart computes a technical support level at 28.37

Recently traded at 28.68 with a 50 day moving average of 27.35

Mylan (MYL)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

6 new highs and up 4.48% in the last month

Relative strength Index 63.50%

Barchart computes a technical support level at 25.38

Recently traded at 25.65 with a 50 day moving average of 24.36

Yahoo! (YHOO)
Barchart technical indicators:

96% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

12 new highs and up 7.55% in the last month

Relative Strength Index 67.78%

Barchart computes a  technical support level at 17.05

Recently traded at 17.24 with a 50 day moving average of 15.93

Texas Instruments (TXN)
Barchart technical indicators:

72% Barchart technical buy signal

'Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

9 new highs and up 4.11% in the last month

Relative strength Index 54.82%

Barchart computes a technical support level at 28.87

Recently traded at 29.14 with a 50 day moving aver4gae of 28.45

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