5 Mid Cap for Momentum Investors

Today I wanted to find 5 Mid Cap stocks with great upside momentum.  I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent 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 charts to see if they were trading above their 20, 50 and 100 day moving averages.  Today's Watch List includes:

Tanger Factory Outlet Centers (SKT), Tech Data (TECD), DCT Industrial Trust (DCT), Healthcare Realty Trust (HR) and Aqua America (WTR)

Tanger Factory Outlet Trust (SKT)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 7.84% in the last month
• Relative Strength Index 69.92%
• Technical support level at 37.11
• Recently traded at 37.90 with a 50 day moving vaerage of 36.00

Tech Data (TECD)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 24.12% in the last month
• Relative Strength Index 69.97%
• Technical support level at 79.28
• Recently traded at 81.76 with a 50 day moving average of 71.56

DCT Industrial Trust (DCT)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 9.59% in the last month
• Relative Strength Index 76.95%
• Technical support level at 44.93
• Recently traded at 46.05 with a 50 day moving average of 42.31

Healthcare Realty Trust (HR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 11.21% in the last month
• Relative Strength Index 74.33%
• Technical support level at 33.13
• Recently traded at 33.81 with a 50 day moving average of 31.50

Aqua America (WTR)

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 7.44% in the last month
• Relative Strength Index 63.29%
• Technical support level at 33.38
• Recently traded at 33.50 with a 50 day moving average of 32.40