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5 Large Caps For Momentum Investors

|About: Amphenol Corporation (APH), COO, ISRG, JNJ, RHT

Summary

New Highs in 50% of the last 20 trading session

Above their 20, 50 and 100 day moving averages

Technical buy signals of 80% or better

Today I wanted to find 5 stocks that would be of interest for Momentum Investors, so I used Barchart to sort the S&P 500 Index stocks first for 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:

Intuitive Surgical (ISRG), Amphenol (APH), Red Hat (RHT), Cooper (COO) and Johnson & Johnson (JNJ)

Intuitive Surgical (ISRG)


Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 6.42% in the last month
  • Relative Strength Index 79.80%
  • Technical support level at 79.80%
  • Recently trade at 735.61 with a 50 day moving average of 676.04

Amphenol (APH)

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 3.78% in the last month
  • Relative Strength Index 58.69%
  • Technical support level at 69.65
  • Recently traded at 69.45 with a 50 day moving average of 68.17

Red Hat (RHT)

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 10.77% in the last month
  • Relative Strength Index 73.01%
  • Technical support level at 83.91
  • Recently traded at 83.72 with a 50 day moving average of 76.54

Cooper (COO)

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 8.68% in the last month
  • Relative Strength Index 78.09%
  • Technical support level at 197.06
  • Recently traded at 199.54 with a 50 day moving average of 183.19

Johnson & Johnson (JNJ)

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 7.93% in the last month
  • Relative Strength Index 80.43%
  • Technical support level at 121.51
  • Recently traded at 122.35 with a 50 day moving average of 115.57

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in ISRG, APH, RHT, COO, JNJ, over the next 72 hours.