Wednesday, February 22, 2012

3 Mid Cap S&P 400 stocks on the move up

I used Barchart to screen the Mid Cap S&P 400 stocks to find the 3 with the most consistent upward price momentum and found Oceaneering International (OOI), Nordson (NDSN), and Dril-Quip (DRQ)

Oceaneering International (OII)


Barhchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 17.18% in the last month
  • Relative Strength Index 78.39%
  • Barchart computes a technical support level at 54.19
  • Recently traded at 56.01 with a 50 day moving average of 48.78
Nordson (NDSN)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 15.45% in the last month
  • Relative Strength Index 72.11%
  • Barchart computes a technical support level at 51.01
  • Recent;y traded at 51.86 with a 50 day moving average of 45.13
Dril-Quip (DRQ)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 12.80% in the last month
  • Relative Strength Index 65.91%
  • Recently traded at 75.07 with a 50 day moving average of 68.22




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