3 Picks under $10

Today I sorted the Barchart New High list of the stocks trading for under $10 to find the stocks having the most frequent new highs during the last month and near the top of the list was CapitalSource (CSE), Napco Security Technologies (NSSC) and Accelrys (ACCL):

CapitalSource (CSE)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 5.73% in the last month
• Relative Strength Index 68.91%
• Barchart computes a technical support level at 7.67
• Recently traded at 7.75 with a 50 day moving average of 7.26

Napco Security Technologies (NSSC)

Barchart technical indicators:

• 72% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 16 new highs and up 16.78% in the last month
• Relative Strength Index 60.22%
• Barchart computes a technical support level at 3.39
• Recently traded at 3.48 with a 50 day moving average of 3.21

Accelrys (ACCL)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 18.42% in the last month
• Relative Strength Index 72.34%
• Barchart computes a technical support level at 8.97
• Recently traded at 9.32 with a 50 day moving average of 8.21