Only 3 Mid Cap stocks

Ok before you all start complaining that I always give you at least 5 stock picks let me just say that Mid Caps are having a hard time so today there will only be 3.  They are Skyworks Solutions (SWKS), Under Armour (UA) and Cooper Companies (COO).

Before we get into those 3 stocks let's look at the S&P 400 Mid Cap Index as if it were a stock so you can see why I'm not keen on the Mid Caps this week.  First the chart, then the technical indicators:

Barchart technical indicators:

• 32% technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 4.95% below its 1 year high
• Relative Strength Index 46.00%
• Barchart computes a technical support level at 1,173.00
• Recently traded at 1199.80 which is below its 50 day moving average of 1212.67

As you can see this is not positive momentum.  Let's look at what I consider the best 3 out of 400:

Skyworks Solutions (SWKS)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.48% in the last month
• Relative Strength Index
• Barchart computes a technical support level at 25.12
• Recently traded at 26.00 with a 50 day moving average of 23.73

Under Armour (UA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 10.03% in the last month
• Relative Strength Index 68.70%
• Barchart computes a technical support level at 73.40
• Recently traded at 76.22 with a 50 day moving average of 67.12

Cooper Companies (COO)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new high and up 1.92% in the last month
• Relative Strength Index 65.05%
• Barchart computes a technical support level at 131.08
• Recently traded at 132.97 with a 50 day moving average of 127.45