Tuesday, September 6, 2016

5 Mid-Caps for Momentum Investors

This morning I wanted to find 5 Mid-Cap stocks for Momentum Investors so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  Today's Watch List includes:

InterDigital (IDCC), Reinsurance Group of America (RGA), Associated Bancorp (ASB), Trustmark (TRMK) and Woodward (WWD).

InterDigital (IDCC)


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 9.78% in the last month
  • Relative Strength Index 87.92%
  • Technical support level at 71.05
  • Recently traded at 72.49 with a 50 day moving average of 62.41


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 7.58% in the last month
  • Relative Strength Index 80.27%
  • Technical support level of 106.41
  • Recently traded at 107.89 with a 50 day moving average of 99.32


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 8.19% in the last month
  • Relative Strength Index 65.85%
  • Technical support level at 19.40
  • Recently traded at 19.76 with a 50 day moving average of 18.43
Trustmark (TRMK)





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 6.13% in the last month
  • Relative Strength index 75.46%
  • Technical support level at 27.77
  • Recently traded at 28.35 with a 50 day moving average of 26.27
Woodward (WWD)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 13 new highs and up 8.18% in the last month
  • Relative Strength Index 72.48%
  • Technical support level at 62.78
  • Recently traded at 63.97 with a 50 day moving average of 59.48


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