5 Soaring Small Caps

Even when the market is tanking a great screening tool like Barchart can be used to find stocks swimming against the current.  Today's list was found by sorting the S&P 600 Small Cap Index for stocks hitting the most frequent new monthly highs.  The list includes South Jersey Industries (SJI), Inter Parfums (IPAR), EW Scripps (SSP), Laclede Group (LG) and LTC Properties (LTC):

South Jersey Industries (SJI)

Barchart technical indicators:

• 96% Barchart technical buy  signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 9.35% in the last month
• Relative Strength Index 73.26%
• Barchart computes a technical support level at 58.42
• Recently traded at 55.61 with a 50 day moving avergae of 55.61

Inter Parfums (IPAR)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.18% in the last month
• Relative strength Index 66.79
• Barchart computes a technical support level at 26.25
• Recently traded at 26.57 with a 50 day moving average of 24.60

EW Scripps (SSP)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 16.12% in the last month
• Relative Strength Index 70.79%
• Barchart computes a technical support level at 12.79
• Recently traded at 13.44 with a 50 day moving average of 11.79

Laclede Group (LG)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 8.06% in the last month
• Relative Strength Index 69.59%
• Barchart computes a technical support level at 43.40
• Recently traded at 44.40 with a 50 day moving average of 41.80

LTC Properties (LTC)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.67% in the last month
• Relative strength Index 69.13%
• Barchart computes a technical support level at 42.72
• Recently traded at 44.10 with a 50 day moving average of 40.20