Today, I wanted to find 5 Large Cap stocks that had the best weighted price appreciation in the last year but still have current upward momentum. I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest Weighted Alpha then used the Flipchart feature to find stocks trading above their 20, 50 and 100 day moving averages with consistent price momentum. Today’s Watch List includes: Nvidia, Micron Technology, Align Technology, Boeing and Lam Research.
Nvidia Corporation (NVDA)
Barchart technical indicators:
137.30+ Weighted Alpha
80% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
7 new highs and up 6.11% in the last month
Relative Strength Index 59.94%
Technical support level at 178.75
Recently traded at 180.87 with a 50 day moving average of 169.65
Micron Technology (MU)
Barchart technical indicators:
129.00+ Weighted Alpha
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 21.35% in the last month
Relative Strength Index 72.52%
Technical support level at 38.84
Recently traded at 39.56 with a 50 day moving average of 32.31
Align Technology (ALGN)
Barchart technical indicators:
113.50+ Weighted Alpha
72% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
8 new highs and up 5.44% in the last month
Relative Strength Index 57.75%
Technical support level at 184.81
Recently traded at 185.98 with a 50 day moving average of 177.50
Boeing (BA)
Barchart technical indicators:
92.60+ Weighted Alpha
72% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
10 new highs and up 6.42% in the last month
Relative Strength Index 69.70%
Technical support level at 254.18
Recently traded at 255.70 with a 50 day moving average of 242.83
