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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
  • NASDAQ 100 Picks For Today 0 comments
    Aug 16, 2012 6:29 PM | about stocks: VRSN, PAYX, ORCL

    Today I used Barchart to screen the NASDAQ 100 Index stocks to find the 3 with the most favorable technical indicators and charts and found Verisign (NASDAQ:VRSN), Paychex (NASDAQ:PAYX) and Oracle (NYSE:ORCL)

    Verisign (VRSN)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 12 new highs and up 10.43% in the last month
    • Relative Strength Index 69.19%
    • Barchart computes a technical support level at 47.31
    • Recently traded at 47.76 with a 50 day moving average of 43.75


    Paychex (PAYX)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving average
    • 2 new highs and up 3.90% in the last month
    • Relative Strength Index 60.98%
    • Barchart computes a technical support level at 32.72
    • Recently traded at 33.28 with a 50 day moving average of 32.10


    Oracle (ORCL)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 7 new highs and up 8.50% in the last month
    • Relative Strength Index 66.78%
    • Barchart computes a technical support support level at 31.26
    • Recently traded at 32.03 with a 50 day moving average of 29.39
    Stocks: VRSN, PAYX, ORCL
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