Momentum investors look for current upward price momentum. Today I used Barchart to sort the S&P 500 Large Cap Index stocks for the most new highs in the last 20 trading sessions. Today’s list includes Total Systems Services (NYSE:TSS), Applied Materials (NASDAQ:AMAT), Quanta Services (NYSE:PWR), Torchmark (NYSE:TMK) and Thermo Fisher Scientific (NYSE:TMO).

Total Systems Services

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 6.14% in the last month
  • Relative Strength Index 69.36%
  • Barchart computes a technical support level at 55.53
  • Recently traded at 55.98 with a 50 day moving average of 50.98
  • Applied Materials

    Barchart technical indicators:

  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 13.26% in the last month
  • Relative Strength Index 80.89%
  • Barchart computes a technical support level at 18.92
  • Recently traded at 19.13 with a 50 day moving average of 16.49
  • Quanta Services

    Barchart technical indicators:

  • 16% Barchart technical buy signals
  • Trend Spotter hold signal
  • Above its 20 and 50 day moving average but still below its 100 day moving average
  • 12 new highs and up 12.83% in the last month
  • Relative Strength Index 61.71%
  • Barchart computes a technical support level at 22.19
  • Recently traded at 22.60 with a 50 day moving average of 22.21
  • Torchmark

    Barchart technical indicators:

  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 3.03% in the last month
  • Relative Strength Index 59.27%
  • Barchart computes a technical support level at 60.27
  • Recently traded at 60.80 with a 50 day moving average of 58.54
  • Thermo Fisher Scientific

    Barchart technical indicators: