5 Mid Caps for Momentum Investors

Today I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the 5 best Mid Caps for Momentum Investors.  First I sorted by the most frequent number of new highs in the last month, then again for technical buy signals of over 80%.  Next I used the Flipchart feature to review the charts for consistency.  Today's watch list additions include:

UGI Corp (UGI), IDEXX Laboratories (IDXX), CDK Global (CDK), Gartner (IT), and  Arthur L Gallagher (AJG)

UGI Corp (UGI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 7.55% in the last month
• Relative Strength Index 68.24%
• Technical support level at 42.92
• Recently traded at 43.43 with a 50 day moving average of 40.95

IDEXX Laboratories (IDXX)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 9.94% in the last month
• Relative Strength Index 69.81%
• Technical support level at 88.95
• Recently traded at 90.07 with 50 day moving average of 82.72

CDK Global (CDK)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up14.87% in the last month
• Relative Strength Index 80.66%
• Technical support level at 54.03
• Recently traded at 55.16 with a 50 day moving average of 48.81

Gartner (IT)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 16.24% in the last month
• Relative Strength Index 76.66%
• Technical support level at 101.02
• Recently traded at 102.35 with a 50 day moving average of 91.57

Arthur J Gallagher (AJG)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 6.78% in the last month
• Relative Strength Index 67.12%
• Technical support level at 47.45
• Recently traded at 48.20 with a 50 day moving average of 45.66