5 Mid Caps for Momentum Investors

One of the best ways Momentum investors can find stocks before others do is to screen for short term momentum signals.  Today I used Barchart to sort the S&P 400 Mid Cap Index stock first for the most number of new highs in the last month, then again for a Trend Spotter buy signal.  Next I used the Flipchart feature to review the charts.   Today's list includes:

Copart (CPRT), Telephone and Data Systems (TDS), Alexandria Real Estate Equities (ARE), NCR Corp (NCR) and Corporate Office Properties (OFC).

Copart (CPRT)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• 18 new highs and up 16.68% in the last month
• Relative Strength Index 74.90%
• Technical support level at 40.01
• Recently traded at 40.59 with a 50 day moving average of 36.05

Telephone and Data Systems (TDS)

Barchart technical indicators:

• 72% technical buy signals
• Trend Spotter buy signal
• 18 new highs and up 18.38% in the last month
• Relative Strength Index 66.49%
• Technical support level at 27.15
• Recently traded at 27.60 with a 50 day moving average of 24.42

Alexandria Real Estate Equities (ARE)

Barchart technical indicators:

• 56% technical buy signals
• Trend Spotter buy signal
• 17 new highs and up 20.06% in the last month
• Relative Strength Index 75.02%
• Technical support level at 83.27
• Recently traded at 86.35 with a 50 day moving average of 79.70

NCR Corp (NCR)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• 17 new highs and up 37.42% in the last month
• Relative Strength Index 69.13%
• Technical support level at 26.02
• Recently traded at 26.51 with a 50 day moving average of 22.18

Corporate Office Properties (OFC)

Barchart technical indicators:

• 96% technical buy signal
• Trend Spotter buy signal
• 16 new highs and up 20.52% in the last month
• Relative Strength Index 74.11%
• Technical support level at 25.03
• Recently traded at 25.24 with a 50 day moving average of 22.56