A lot of you are subscribers to Investors Business Daily and follow the IBD50 selections. This morning I used Barchart to sort the IBD50 stocks to see which ones had the highest technical buy signals.
Today’s list includes: Paycom Software,CDK Global,Criteo,Valeant Pharmaceutical International and Universal Insurance Holdings.
Paycom Software
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
7 new highs and up 10.59% in the last month
Relative Strength Index 64.51%
Barchart computes a technical support level at 33.43
Recently traded at 35.70 with a 50 day moving average of 32.20
CDK Global
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
9 new Hg’s and up 10.17% in the last month
Relative Strength Index 70.32%
Barchart computes a technical support level at 49.18
Recently traded at 50.57 with a 50 day moving average of 47.50
Criteo
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
10 new highs and up 8.12% in the last month
Relative Strength Index 64.26%
Barchart computes a technical support level at 44.19
Recently traded at 45.25 with a 50 day moving average of 42.63
Valeant Pharmaceutical International
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
5 new highs and up 7.73% in the last month
Relative Strength Index 63.94%
Barchart computes a technical support level at 217.53
Recently traded at 221.88 with a 50 day moving average of 205.28
Universal Insurance Holdings
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
3 new highs and up 1.30% in the last month
Relative Strength Index 60.13%
Barchart computes a technical support level at 26.57
Recently traded at 27.17 with a 50 day moving average of 25.67