Stocks Trading Just Above Their 50-Day Moving Averages

Hickey and Walters (Bespoke) submit: One chart pattern that many find particularly attractive is to look for a stock which is in an uptrend and trading near its 50-day moving average. Often times when a stock pulls back, the 50-day moving average can act as support.

In the list below, we screened the S&P 1500 for stocks that are up at least 10% year to date and currently trading 2% or less above their 50-day moving average. We then filtered the list to include only those names with the best ratings based on our Bespoke Stock Scores tool.

In order to get a better idea of the type of chart pattern this screen looks for, we also included the charts of four stocks that showed up on the screen.

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