5 Small Caps for Momentum Investors

Today I wanted to find 5 Small Caps for momentum investors so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the most frequent new highs in the last month, then again for technical buy signals of 80% or better.  Today's additions to the Watch List include:

Surgical Care Affiliates (SCAI), Cedar Shopping Centers (CDR), Sabra REIT (SBRA),  Oriental Financial Group (OFG) and Universal Forest Products (UFPI)

Surgical Care Affiliates (SCAI)

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 13.54% in the last month
• Relative Strength Index 69.26%
• Technical support level at 50.79
• Recently traded at 51.65 with a 50 day moving average of 46.87

Cedar Shopping Centers (CDR)

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 13.68% in the last month
• Relative Strength Index 76.19%
• Technical support level at 7.87
• Recently traded at 7.98 with a 50 day moving average of 7.25

Sabra REIT (SBRA)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 17.97% in the last month
• Relative Strength Index 70.75%
• Technical support level at 22.21
• Recently traded at 23.70 with a 50 day moving average of 21.26

Oriental Financial Group (OFG)

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 23.03% in the last month
• Relative Strength Index 75.19%
• Technical support level at 10.00
• Recently traded at 10.31 with a 50 day moving average of 8.74

Universal Forest Products (UFPI)

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 22.16% in the last month
• Relative Strength Index 72.83%
• Technical support level at 103.32
• Recently traded at 105.51 with a 50 day moving average of 90.06