The following is a list of stocks in rally mode with relatively low PEG ratios.

To create the list, we started with a universe of stocks trading 10% or more above its 20-day SMA, 20% or more above its 50-day SMA, and 30% or more above its 200-day SMA. We then narrowed down the universe by only focusing on stocks with relatively low PEG ratios (i.e. a measure of valuation)

PEG and momentum data sourced from Finviz. Full analysis below.

*click for expanded image*

The list has been sorted by the PEG ratio.

* 1. Royal Caribbean Cruises Ltd. (NYSE:RCL): *General Entertainment Industry. Market cap of $8.45B. PEG ratio at 0.66. The stock is currently 11.91% above its 20-day SMA, 26.3% above its 50-day SMA, and 33.78% above its 200-day SMA. Short float at 7.87%, which implies a short ratio of 3.84 days. The stock has gained 94.02% over the last year.

* 2. China Yuchai International Limited (NYSE:CYD): *Diversified Machinery Industry. Market cap of $983.93M. PEG ratio at 0.69. The stock is currently 17.21% above its 20-day SMA, 33.73% above its 50-day SMA, and 51.92% above its 200-day SMA. Short float at 2.62%, which implies a short ratio of 1.57 days. The stock has gained 150.71% over the last year.

* 3. Questcor Pharmaceuticals, Inc. (QCOR): *Biotechnology Industry. Market cap of $773.39M. PEG ratio at 0.77. The stock is currently 20.37% above its 20-day SMA, 22.76% above its 50-day SMA, and 42.32% above its 200-day SMA. Short float at 12.29%, which implies a short ratio of 9.64 days. The stock has gained 174.01% over the last year.

* 4. China MediaExpress Holdings, Inc. (OTCPK:CCME): *Diversified Investments Industry. Market cap of $312.93M. PEG ratio at 0.96. The stock is currently 21.76% above its 20-day SMA, 53.1% above its 50-day SMA, and 44.49% above its 200-day SMA. Short float at 24.43%, which implies a short ratio of 5.73 days. The stock has gained 80% over the last year.

* 5. Virtusa Corp. (NASDAQ:VRTU):* Information Technology Services Industry. Market cap of $315.23M. PEG ratio at 1.01. The stock is currently 14.72% above its 20-day SMA, 33.65% above its 50-day SMA, and 37.82% above its 200-day SMA. Short float at 2.23%, which implies a short ratio of 3.47 days. The stock has gained 44.88% over the last year.

* 6. National Oilwell Varco, Inc. (NYSE:NOV): *Oil & Gas Equipment & Services Industry. Market cap of $22.77B. PEG ratio at 1.09. The stock is currently 13.25% above its 20-day SMA, 25.5% above its 50-day SMA, and 34.66% above its 200-day SMA. Short float at 2.32%, which implies a short ratio of 2.11 days. The stock has gained 37.03% over the last year.

* 7. RF Micro Devices Inc. (RFMD): *Semiconductor Industry. Market cap of $1.97B. PEG ratio at 1.09. The stock is currently 11.66% above its 20-day SMA, 24.93% above its 50-day SMA, and 49.57% above its 200-day SMA. Short float at 7.03%, which implies a short ratio of 2.22 days. The stock has gained 81.41% over the last year.

* 8. IMAX Corporation (NYSE:IMAX): *Photographic Equipment & Supplies Industry. Market cap of $1.48B. PEG ratio at 1.35. The stock is currently 23.45% above its 20-day SMA, 37.42% above its 50-day SMA, and 43.47% above its 200-day SMA. Short float at 14.3%, which implies a short ratio of 7.82 days. The stock has gained 124.85% over the last year.

* 9. Spreadtrum Communications Inc. (NASDAQ:SPRD):* Semiconductor Industry. Market cap of $680.11M. PEG ratio at 1.48. The stock is currently 21.52% above its 20-day SMA, 27.65% above its 50-day SMA, and 76.38% above its 200-day SMA. Short float at 5.38%, which implies a short ratio of 1.65 days. The stock has gained 151.75% over the last year.

* 10. Dice Holdings, Inc. (NYSE:DHX):* Staffing & Outsourcing Services Industry. Market cap of $568.89M. PEG ratio at 1.49. The stock is currently 18.09% above its 20-day SMA, 33.58% above its 50-day SMA, and 40.73% above its 200-day SMA. Short float at 0.8%, which implies a short ratio of 6.13 days. The stock has gained 50.42% over the last year.

* 11. Chipotle Mexican Grill, Inc. (NYSE:CMG):* Restaurants Industry. Market cap of $6.53B. PEG ratio at 1.52. The stock is currently 13.12% above its 20-day SMA, 23.27% above its 50-day SMA, and 53.74% above its 200-day SMA. Short float at 14.05%, which implies a short ratio of 6.11 days. The stock has gained 159.03% over the last year.

* 12. Coinstar Inc. (CSTR):* Business Equipment Industry. Market cap of $1.83B. PEG ratio at 1.54. The stock is currently 27.12% above its 20-day SMA, 33.79% above its 50-day SMA, and 42.92% above its 200-day SMA. Short float at 35.29%, which implies a short ratio of 7.55 days. The stock has gained 82.29% over the last year.

* 13. Art Technology Group Inc. (ARTG):* Internet Software & Services Industry. Market cap of $648.25M. PEG ratio at 1.59. The stock is currently 38.95% above its 20-day SMA, 50.37% above its 50-day SMA, and 49.81% above its 200-day SMA. Short float at 4.13%, which implies a short ratio of 5.69 days. The stock has lost -0.49% over the last year.

* 14. Sotheby's (NYSE:BID): *Specialty Retail, Other Industry. Market cap of $2.9B. PEG ratio at 1.61. The stock is currently 14.11% above its 20-day SMA, 29.68% above its 50-day SMA, and 47.6% above its 200-day SMA. Short float at 8.18%, which implies a short ratio of 4.99 days. The stock has gained 174.71% over the last year.

* 15. Cabela's Inc. (NYSE:CAB):* Sporting Goods Stores Industry. Market cap of $1.24B. PEG ratio at 1.71. The stock is currently 16.96% above its 20-day SMA, 23.86% above its 50-day SMA, and 30.67% above its 200-day SMA. Short float at 22.66%, which implies a short ratio of 26.8 days. The stock has gained 45.43% over the last year.

**Disclosure: **No positions