Thursday, February 2, 2017

5 Mid Caps for Momentum Investors

Today I wanted to find 5 Mid Cap stocks that would be of interest to Momentum Investors so 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 better.  Today's Watch List includes:

Cabot (CBT), Synopsys (SNPS), Energizer (ENR), Steris (STE) and United Therapeutic (UTHR)

Cabot (CBT)


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 15.10% in the last month
  • Relative Strength Index 76.78%
  • Technical support level at 55.43
  • Recently traded at 58.29 with a 50 day moving average of  52.90
Synopsys (SNPS)


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 8.29% in the last month
  • Relative Strength Index 72.17%
  • Technical support level at 62.18
  • Recently traded at 63.81 with a 50 day moving average of 60.42





Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 19.42% in the last month
  • Relative Strength Index 83.75%
  • Technical support level at 51.12
  • Recently traded at 63.81 with a 50 day moving average of 60.42
Steris (STE)


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 5.68% in the last month
  • Relative Strength Index 62.63%
  • Technical support level at 71.14%
  • Recently traded at 71.20 with a 50 day moving average of 68.41


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 14.88% in the last month
  • Relative Strength Index 70.02%
  • Technical support level at 162.23
  • Recently traded at 164.33 with a 50 day moving average of 143.74

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