Thursday, February 11, 2016

Today's 5 Best Mid Caps

As I write this post the Mid Caps although in a downward trend like the rest of the indexes are not the worst index on the block.  When I look at how many stocks are trading above their daily moving averages the S&P 400 Mid Cap Index is just slightly less worse than the rest.

S&P 400 Mid Cap stocks trading above their DMAs:

  • 26.75% above 20 DMA
  • 15.75% above 50 DMA 
  • 16.00% above 100 DMA
Stocks trading above their DMAs from the 10,000+ in the Barchart database:
  • 19.93% above 20 DMA
  • 12.90% above 50 DMA
  • 12.77% above 100 DMA
The following chart plots the percentage loss of some of the major indexes over the last year:
  1. Value Line Arithmetic Index down 18.37%
  2. Dow Industrial Index down 10.94
  3. S&P 400 Mid Cap Index down 15.39
  4. Russell 3000 Index down 12.39

 Today I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.

Today's list includes National Retail Proprieties (NNN), Idacorp (IDA), Dean Foods (DF),  Black Hills (BKH) and Westar Energy (WR).



Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 15.38% in the last month
  • Relative Strength Index 73.75%
  • Technical support level at 43.43
  • Recently traded at 45.65 with a 50 day moving average of 40.47
Idacorp (IDA)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 3.25% in the last month
  • Relative Strength Index 60.45%
  • Technical support level at 68.97%
  • Recently traded at 70.13 with a 50 day moving average of 68.13


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 13.88% in the last month
  • Relative Strength Index 61.96%
  • Technical support level at 19.15
  • Recently traded at 19.87 with a 50 day moving average of 18.23


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 10.74% in the last month 
  • Relative Strength Index 67.87%
  • Technical support level at 50.77%
  • Recently traded at 52.25 with a 50 day moving average of 46.27


Barchart technical indicators:
  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 6.91% in the last month
  • Relative Strength Index 62.81%
  • Technical support level at 44.08%
  • Recently traded at 45.28 with a 50 day moving average of 42.46











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