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3 Large Caps With Momentum

|Includes:BMY, Merck & Co Inc. (MRK), WFM

This weekend I used Barchart to screen the S & P 500 Large Cap Index stocks to find the 3 with the best technical indicators and found Merck (NYSE:MRK), Bristol-Myers Squibb (NYSE:BMY) and Whole FoodsMarket (NASDAQ:WFM)

Merck (MRK)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 7.26% in the last month
  • Relative Strength Index 73.04%
  • Barchart computes a technical support level at 39.25
  • Recently traded at 40.18 with a 50 day moving average of 38.33


Bristol-Myers Squibb (BMY)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 7.71% in the last month
  • Relative Strength Index 73.28%
  • Barchart computes a technical support level at 34.61
  • Recently traded at 35.36 with a 50 day moving average of 33.62


Whole Foods Market (WFM)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 10.80% in the last month
  • Relative Strength Index 65.82%
  • Barchart computes a technical support level at 93.17
  • Recently traded at 96.27 with a 50 day moving average of 87.93

Disclosure: I am long WFM.

Stocks: MRK, BMY, WFM