5 Mid Caps for MOmentum Investors

Today I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the last month then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the chart for consistency.  Today's watch list includes:

Steel Dynamics (STID, Hill-Rom (HRC), RPM International (RPM), Potlach (PCH), and Greif Bros (GEF)

Steel Dynamics (STLD)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 12.38% in the last month
• Relative Strength index 74.22%
• Technical support level at 24.13
• Recently traded at 24.69 with a 50 day moving average of 20.98

Hill-Rom (HRC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 14.46% in the last month
• Relative Strength Index 71.54%
• Technical support level at 52.86
• Recently traded at 53.97 with a 50 day moving average of 48.54

RPM International (RPM)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 14.04% in the last month
• Relative Strength Index 81.55%
• Technical support level at 60.65
• Recently traded at 51.42 with a 50 day moving average of 44.49

Potlach (PCH)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 9.90% in the last month
• Relative Strength Index 72.76%
• Technical support level at 33.56
• Recently traded at 33.95 with a 50 day moving average of 29.56

Greif Bros (GEF)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 16.89% in the last month
• Relative Strength Index 73.14%
• Technical support level at 34.45
• Recently traded at 36.04 with a 50 day moving average of 29.46