Stocks Trading Just Above Their 50-Day Moving Averages

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Includes: AMED, CEN, CSX, EIX, ETN, FLO, HB, IART, ISIL, JOSB, LII, MMM, OA, PH, SIVB, TXU, UHS, VFC, WCG, WYE
by: Bespoke Investment Group

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.

table of stocks near 50 dma

click to enlarge
stocks near 50 day ranges