Today's 5 Best Mid Caps

As I write this post the Mid Caps although in a downward trend like the rest of the indexes are not the worst index on the block.  When I look at how many stocks are trading above their daily moving averages the S&P 400 Mid Cap Index is just slightly less worse than the rest.

S&P 400 Mid Cap stocks trading above their DMAs:

• 26.75% above 20 DMA
• 15.75% above 50 DMA 
• 16.00% above 100 DMA

Stocks trading above their DMAs from the 10,000+ in the Barchart database:

• 19.93% above 20 DMA
• 12.90% above 50 DMA
• 12.77% above 100 DMA

The following chart plots the percentage loss of some of the major indexes over the last year:

1. Value Line Arithmetic Index down 18.37%
2. Dow Industrial Index down 10.94
3. S&P 400 Mid Cap Index down 15.39
4. Russell 3000 Index down 12.39

 Today I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.

Today's list includes National Retail Proprieties (NNN), Idacorp (IDA), Dean Foods (DF),  Black Hills (BKH) and Westar Energy (WR).

National Retail Properties (NNN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 15.38% in the last month
• Relative Strength Index 73.75%
• Technical support level at 43.43
• Recently traded at 45.65 with a 50 day moving average of 40.47

Idacorp (IDA)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 3.25% in the last month
• Relative Strength Index 60.45%
• Technical support level at 68.97%
• Recently traded at 70.13 with a 50 day moving average of 68.13

Dean Foods (DF)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 13.88% in the last month
• Relative Strength Index 61.96%
• Technical support level at 19.15
• Recently traded at 19.87 with a 50 day moving average of 18.23

Black Hills (BKH)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 10.74% in the last month 
• Relative Strength Index 67.87%
• Technical support level at 50.77%
• Recently traded at 52.25 with a 50 day moving average of 46.27

Westar Energy (WR)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 6.91% in the last month
• Relative Strength Index 62.81%
• Technical support level at 44.08%
• Recently traded at 45.28 with a 50 day moving average of 42.46