Today I used Barchart to sort the NASDAQ 100 Index stock for those having both a technical buy signal of 80% or better and also a Weighted Alpha of 50.00+. Today only one made the list; Activision Blizzard (NASDAQ:ATVI) and another one was close; Nvidia (NASDAQ:NVDA).
Activision Blizzard
Barchart technical indicators:
80% Barchart technical buy signals
56.94+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 11.13% in the last month
Relative Strength Index 59.33%
Barchart computes a technical support level at 30.04
Recently traded at 31.60 with a 50 day moving average of 28.65
Nvidia
Barchart technical indicators:
100% Barchart technical buy signals
31.50+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
7 new highs and up 8.45% in the last month
Relative Strength Index 67.27%
Barchart computes a technical support level at 23.48
Recently traded at 24.09 with a 50 day moving average of 22.11
