5 Small Caps for Momentum Investors

Today I used Barchart to sort the S&P 600 Small Cap Index stocks for the most frequent new highs in the last month then I used the Flipchart feature to review the charts for consistency.  The watch list additions are:

Pinnacle Entertainment (PNK), SPX Corp (SPXC), TREX Company (TREX), Government Properties Income Trust (GOV) and Surgical Care Affiliates (SCAI)

Pinnacle Entertainment (PNK)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 15 new highs and up 17.54% in the last month
• Relative Strength Index 76.79%
• Technical support level at 35.03
• Recently traded at 36.98 with a 50 day moving average of 31.33

SPX Corp (SPXC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 15 new highs and up 21.83% in the last month
• Relative Strength Index 77.27%
• Technical support level at 15.77
• Recently traded at 16.16 with a 50 day moving average of 12.41

TREX Company (TREX)

Barchart technical indicators:

• 72% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 13.92% in the last month
• Relative Strength Index 67.50%
• Technical support level at 47.29
• Recently traded at 48.90 with a 50 day moving average of 42.33

Government Properties Income Trust (GOV)

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 12.47% in the last month
• Relative Strength Index 72.57%
• Technical support level at 17.82
• Recently traded at 18.17 with a 50 day moving average of 15.68

Surgical Care Affiliates (SCAI)

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 12.32% in the last month
• Relative Strength Index 66.56%
• Technical support level at 45.59
• Recently traded at 47.69 with a 50 day moving average of 43.01