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5 NASDAQ 100 Stocks For Momentum Investors

|Includes: AAL, AMAT, PCAR, Starbucks Corporation (SBUX), TMUS

Today I wanted to find the 5 NASDAQ 100 Index stocks that had the most consistent momentum so I used Barchart to sort the NASDAQ 100 Index stocks first by the most frequent number of new highs in the last month. then again for technical buy signals of 80% or better.

Today's Watch List includes: Starbucks (NASDAQ:SBUX), Paccar (NASDAQ:PCAR), T-Mobile US (NASDAQ:TMUS), Applied Materials (NASDAQ:AMAT) and American Airlines(NASDAQ:AAL).

Starbucks

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.29% in the last month
  • Relative Strength Index 67.30%
  • Technical support level at 57.15
  • Recently traded at 58.50 with a 50 day moving average of 54.60


Paccar

Barchart technical indicators:

 

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 2061% in the last month
  • Relative Strength Index 76.98%
  • Technical support level at 63.81
  • Recently traded at 67.37 with a 50 day moving average of 58.67


T-Mobile US

Barchart technical indicators:

 

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 15.19% in the last month
  • Relative Strength Index 78.90%
  • Technical support level at 54.78
  • Recently traded at 58.29 with a 50 day moving average of 50.31


Applied Materials (AMAT)

Barchart technical indicators:

 

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 9.68% in the last month
  • Relative Strength Index 62.91%
  • Technical support level at 31.27
  • Recently traded at 32.23 with a 50 day moving average of 29.69


American Airlines

Barchart technical indicators:

 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 15.64% in the last month
  • Relative Strength Index 73.54%
  • Technical support level at 46.05
  • Recently traded at 47.89 with a 50 day moving average of 41.59