Usually I highlight the best 5 stocks in an index but they have to make the hurdle of at least 80% technical buy signals and be trading above their 20, 50 and 100 daily moving averages. This morning only 2 stocks in the NASDAQ 100 achieved that.They are Fastenal (FAST) and Henry Schein (HSIC).Fastenal (FAST)
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 15.95% in the last month
- Relative Strength Index 63.79%
- Technical support level at 42.75
- Recently traded at 43.68 with a 50 day moving average of 40.07
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 2 new highs and up 10.32% in the last month
- Relative Strength Index 67.03%
- Technical support level at 158.19
- Recently traded at 161.86 with a 50 day moving average of 152.60