3 Mid Caps with momentum

This is a very choppy market and the only way to find stocks with momentum is to use a good stock screener like Barchart.  Today I used Barchart to screen the Mid Cap S & P 400 stocks to find 3 with charts and technicals that look interesting.  I'd put the following on my watch list:  PNM Resources (PNM), T W Telecom (TWTC) and MDC Holdings (MDC).

PNM Holdings (PNM)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 6 new highs and up 3.09% in the last month
• Relative Strength Index 60.71%
• Barchart computes a technical support level at 18.72
• Recently traded at 19.03 with a 50 day moving average of 18.52

T W Telecom (TWTC)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 9.56% in the last month
• Relative Strength Index 63.78%
• Barchart computes a technical support level at 24.78
• Recently traded at 24.84 with a 50 day moving average of 23.01

MDC Holdings (MDC)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter hold signal but rising and looks to cross over to a buy at around 29.84
• Above its 20, 50 and 100 day moving average
• 8 new highs and up 12.81% in the last quarter
• Relative Strength Index 56.74%
• Barchart computes a technical support level at 28.07
• Recently traded at 29.03 with a 50 day moving average of 27.41