5 Mid Caps Bucking the Trend

As I write this post the S&P 400 Mid Cap Index is in a downward trend with 88.95% of the stocks trading below their 20 day moving averages.  The Index is 6.87% off its previous high and trending lower.

There are 5 stocks that are swimming against the tide.  I found them using Barchart to sort the Index first for the best technical buy signals, then I used the Fipchart feature to find 5 charts I like.  Today's list includes: Panera Bread (PNRA), HSN Inc (HSNI), Hanesbrands (HBI), Brinker International (EAT) and Mallincrkrodt PLC (MNK):

Panera Bread (PNRA)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.40% in the last month
• Relative Strength Index 62.22%
• Barchart computes a technical support level at 161.57
• Recently traded at 164.08 with a 50 day moving average of 153.82

HSN Inc (HSNI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 576% in the last month
• Relative Strength Index 62.59%
• Barchart computes a technical support level at 61.34%
• Recently traded at 62.34 with a 50 day moving average of 59.82

Hanesbrands (HBI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 1.55% in the last month
• Relative Strength Index 61.85%
• Barchart computes a technical support level at 109.72
• Recently traded at 110.37 with a 50 day moving average of 103.80

Brinker International (EAT)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 490% in the last month
• Relative Strength Index 62.62%
• Barchart computes a technical support level at 52.29
• Recently traded at 52.54 with a 50 day moving average of 48.98

Mallincrkrodt PLC (MNK)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.17% in the last month
• Relative Strength Index 70.22%
• Barchart computes a technical support level at 91.78
• Recently traded at 92.00 with a 50 day moving average of 80.24