2 Notable 52wk HIGHS Screened & Ranked By IBD SmartSelect:

ticker symbols:

•  $REGN $FMX  (<— charts & quotes by finviz.com)

rank by IBD SmartSelect after screening: (csv format)

No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,
1,REGN,Regeneron Pharmaceutical,99,80,90,
2,FMX,Fomento Econ Mex Sab Ads,95,94,88,

top ranked chart: $REGN

stubby’s chart commentary:

• i included 2 charts of $REGN. i prefer the trend lines as i drew them (right) versus finviz (left). $REGN has been lagging the pack of biotech stocks i hold such as $AMGN, $BIIB, $CELG, $GILD. so it looks like $REGN wants a piece of the action. i don’t hold $REGN but have in the passed. as i drew the trend lines, price action indicates $REGN gapped over resistance and finished above on strong volume. however, todays candle stick looks to me like a classic bearish shooting star.
  
• therefore i will pass on buying $REGN until a better setup develops. the S&P 500 broad index suffered the same fate and am not positive about equity prospects in general.

screening method:

1. first, using these following 12 finviz screen criteria:

• positive institutional transactions
• short float <5%
• gap up
• performance1 today up
• performance2 YTD +10%
• above 20dma
• above 50dma
• above 200dma
• 52wk high
• relative volume over 100%
• price over $50
• closed above previous 52 wk high

2. second, i screened the list further using the following IBD criteria:

• composite rating 80 or greater
• eps rating rating 70 or greater
• rs rating rating 80 or greater

disclosure(s):

1. i do not hold $REGN or $FMX.