As markets remain shaky, technical analysis helps investors find good stock opportunities. Using TipRanks’ Technical Analysis Screener, we have identified three stocks: Elanco Animal Health (ELAN), MACOM Technology Solutions (MTSI), and Applied Digital Corporation (APLD), that are currently flashing Strong Buy signals. These stocks are showing bullish momentum and present short- to mid-term upside potential, backed by Strong Buy ratings from Wall Street analysts.
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Notably, technical analysis studies a stock’s past price movements and trading volume to predict future trends. It uses tools like moving averages, RSI, and chart patterns to identify Buy or Sell signals. Within this context, TipRanks’ Technical Analysis tool simplifies this process by combining multiple indicators into one easy-to-understand dashboard for users. Let’s dive into the details.
Is Elanco a Good Stock to Buy?
Elanco Animal Health is a global company that develops and markets medicines, vaccines, and products for pets and livestock, aiming to improve animal health and well-being. Year-to-date, ELAN stock has gained over 65%.
According to TipRanks’ technical analysis, ELAN stock is currently in an upward trend. It holds a Strong Buy rating based on both overall technical consensus and moving average indicators. One key indicator, the Rate of Change (ROC), which tracks momentum by measuring the percentage change in price over a set period, currently stands at 7.84 for ELAN. Since an ROC above zero suggests upward momentum, this signals a Buy for the stock.
Is Applied Digital a Good Investment?
Applied Digital specializes in building and operating sustainable, high-performance data centers powered by renewable energy. APLD stock has soared over 380% year-to-date.
According to TipRanks’ technical analysis, APLD stock holds a Strong Buy consensus. The stock also holds a Strong Buy rating based on moving average consensus, supported by 12 bullish signals, indicating strong upward momentum.
Is MACOM a Good Stock to Buy Now?
MACOM Technology is a semiconductor company that designs and supplies analog, mixed-signal, and RF solutions for 5G, optical networks, satellite communications, and defense applications. So far in 2025, MTSI stock has gained over 4%.
From a technical analysis perspective, MTSI is rated a Strong Buy on moving average consensus. Additionally, the stock shows a positive ROC of 1.34, supporting a Buy signal and indicating strong upward momentum.