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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • 3 NASDAQ 100 Picks 0 comments
    Nov 23, 2012 11:16 AM | about stocks: BBRY, VMED, GILD, MYL, NFLX

    Today I sorted the NASDAQ 100 Index to find the 5 with the best Barchart technical indicators and charts. Near the top of the list were Research in Motion (RIMM), Virgin Media (NASDAQ:VMED), Gilead Sciences (NASDAQ:GILD), Mylan (NASDAQ:MYL)and Netflix (NASDAQ:NFLX):

    Research in Motion (RIMM)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 12 new highs and up 51.05% in the last month
    • Relative Strength Index 80.54%
    • Barchart computes a technical support level at 9.35
    • Recently traded at 11.49 with a 50 day moving average of 8.05


    Virgin Media (VMED)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 20 new highs and up 25.47% in the last quarter
    • Relative Strength Index 71.13%
    • Barchart computes a technical support level at 33.27
    • Recently traded at 34.03 with a 50 day moving average of 31.43


    Gilead Sciences (GILD)

    (click to enlarge)

    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 17.27% in the last month
    • Relative Strength Index 70.56%
    • Recently traded at 76.17 with a 50 day moving average of 68.25


    Mylan (MYL)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 10 new highs and up 14.33% in the last month
    • Relative Strength Index 70.92%
    • Barchart computes a technical support level at 26.03
    • Recently traded at 26.380 with a 50 day moving average of 24.80


    Netflix (NFLX)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 4 new highs and up 20.91% in the last month
    • Relative Strength Index 66.32%
    • Barchart computes a technical support level at 66.32
    • Recently traded at 82.46 with a 50 day moving average of 67.78


    MORE STOCK PICKS

    Stocks: BBRY, VMED, GILD, MYL, NFLX
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