• Small number of strongly up trending stocks shows weak overall market.
  • Less than 1% of ETFs are in strong up trends.
  • Less than 2% of S&P 1500 stocks are in strong up trends.
  • Few of the strongly up trending stocks and ETFs carry attractive analyst 12-month price estimates.
  • Most of the strongly up trending stocks have high valuation levels.
  • For our DIY investor readers, here is some preliminary screening research to give you something to chew on — maybe even find something you like. This will save you some time if you are interested in strongly trending securities.

    No recommendations here, just filter data that may or may not reveal an opportunity. That’s for you to decide.

    We specifically used only tools available to the public to develop this list and supporting data, so you could find and use those information sources in the future.

    We also provide the trend screening syntax we used, which could save you a bundle of time, if you decide to use it.

    From the screening today, only 24 securities in either the S&P 1500 or non-leveraged, long-only ETFs survived a rigorous trend screening ( 1 ETF and 23 stocks).

    The inverse of these results is that 1477 S&P 1500 stocks did not have up trends and liquidity as strong as our filter criteria specified, and over 2000 ETFs also did not pass the test. Less than 2% of the S&P 1500 passed the filter, and less than 5% of 1% of ETFs passed the filter. Overall, that suggests a very weak market.

    This post provides:

  • The list of survivors
  • The screening criteria
  • Price performance charts for each security
  • Tabular return and valuation for each security
  • Short-term technical ratings for each security
  • Street consensus 12-mo price estimates for each security.
  • The Survivors:

    AAXN Axon Enterprise, Inc. ABMD ABIOMED, Inc. ATVI Activision Blizzard Inc. BF-B Brown-Forman Corp. – Class B CRM Salesforce.com, Inc. DDS Dillards Inc DIN Dine Brands Global, Inc. HPE Hewlett Packard Enterprise Co. IGV iShares North American Tech-Software ETF ILG ILG, Inc. KEYS Keysight Technologies Inc. MKC McCormick & Co., Inc. MKSI MKS Instruments, Inc. MSCC Microsemi Corp. NATI National Instruments Corp. NFLX Netflix, Inc. NKTR Nektar Therapeutics OLLI Ollie’s Bargain Outlet Holdings Inc. PTC PTC, Inc. RHT Red Hat, Inc. SNI Scripps Networks Interactive Inc. ULTI The Ultimate Software Group, Inc. WWE World Wrestling Entertainment, Inc. X USX-US Steel Group, Inc.
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