Financials lead the Mid Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index for the stocks with the best technical indicators and charts.  Just like yesterday, when I sorted the S&P 500 Large Cap Index the Financial Sector floated to the top of the list.  The list today includes Signature Bank (SBNY), Washington Federal (WAFD), Hancock Holding Co (HBHC), Webster Financial (WBS) and  East West Bancorp (EWBC):

Signature Bank (SBNY)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 15.59% in the last month
• Relative Strength Index 79.81%
• Barchart computes a technical support level at 86.87
• Recently traded at 89.99 with a 50 day moving average of 78.43

Washington Federal (WAFD)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 21.01% in the last month
• Relative Strength Index 86.27%
• Barchart computes  a technical support level at 20.25
• Recently traded at 20.84 with a 50 day moving average of 17.72

Hancock Holding Co (HBHC)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 13.96% in the last month
• Relative Strength Index  74.07%
• Barchart computes a technical support level at 31.34
• Recently traded at 31.97 with a 50 day moving average of 28.79

Webster Financial (WBS)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 13.92% in the last month
• Relative Strength Index 78.38%
• Barchart computes a technical support level at 26.27
• Recently traded at 27.07 with a 50 day moving average of 24.09

East West Bancorp (EWBC)

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 10.32% in the last month
• Relative strength Index 81.25%
• Barchart computes a technical support level at 28.30
• Recently traded at 28.86 with a 50 day moving average of 26.12