Wednesday, October 8, 2014

Any Bright Spots in Small Caps?

Small Caps have been under performing the overall market lately.  The S&P 600 Small Cap Index is down 11.17% from its previous high on July 1.  The Weighted Alpha of the Index is -3.87 and the Relative Strength Index is only 29.36%.  Are there any bright spots here?

I used Barchart to sort the stock in the Index first for the highest technical buy signals, then I used the Flipchart feature to find the charts I liked.  Today's list includes Vicor Corp (VICR), Caseys General Stores (CASY), Treehouse Foods (THS), ICU Medical (ICUI) and DTS Inc (DTSI):

Vicor Corp (VICR)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 19.05% in the last month
  • Relative Strength Index 64.06%
  • Barchart computes a technical support level at 72.69
  • Recently traded at 74.54 with a 50 day moving average of 70.23


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 5.63% in the last month
  • Relative Strength Index 69.81%
  • Barchart computes a technical support level at 72.69
  • Recently traded at 74.54 with a 50 day moving average of 70.23


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 2.06% in the last month
  • Relative Strength Index 63.05%
  • Barchart computes a technical support level at 82.42
  • Recently traded at 83.40 with  50 day moving average of 79.97
ICU Medical (ICUI)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 5.52% in the last month
  • Relative Strength Index 61.58%
  • Barchart computes a technical support level at 64.16
  • Recently traded at 65.80 with a 50 day moving average of 62.14
DTS Inc (DTSI)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 8.91% in the last month
  • Relative Strength Index 66.07%
  • Barchart computes a technical support level at 25.01
  • Recently traded at 25.94 with a 50 day moving average of 22.79










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