Jim Van Meerten's  Instablog

This morning I used Barchart to screen the NASDAQ 100 stocks to find the 3 with the best upward momentum and found O'Reilly Automotive (ORLY), Verisign (VRSN) and Dollar Tree (DLTR)

O'Reilly Automotive (ORLY)

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 15.31% in the last month
• Relative Strength Index 81.72%
• Barchart computes a technical support level at 94.35
• Recently traded at 105.25 with a 50 day moving average of 91.28

Verisign (VRSN)

Barchart technical indicators:

• 48% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 7.88% in the last month
• Relative Strength Index 59.42%
• Barchart computes a technical support level at 41.20
• Recently traded at 41.32 with a 50 day moving average of 38.74

Dollar Tree (DLTR)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 11 new highs and up 5.33% in the last month
• Relative Strength Index 67.37%
• Barchart computes a technical support level at 97.56
• Recently traded at 100.73 with a 50 day moving average of 93.80

The stocks mentioned above may be held in either personal or family member accounts and/or mutual funds and separately managed accounts at Marketocracy Capital Management from whom I receive compensation as a financial analyst