5 Great Micro Caps

Today I wanted to find some micro cap stocks that had good technical indicators and charts so I used Barchart to screen their database for stocks that had under $2 billion in market capitalization and a price under $10 that had technical buy signals of 80% or higher.  I then sorted the results for the ones with the highest number of new highs in the last month and used the Flipchart feature to review the charts.

Today's list includes GSE Systems (GVP), Naugatuck Valley Financial (NVSL), Central Garden and Pet (CENT), Prophase Labs (PRPH) and Biotime (BTX):

GSE Systems (GVP) Market Cap $31 million

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 32.56% in the last month
• Relative Strength Index 66.33%
• Barchart computes  a technical support level at 1.72
• Recently traded at 1.71 with a 50 day moving average of 1.46

Naugatuck Valley Financial (NVSL) Market Cap $61 million

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 8.33% in the last month
• Relative Strength Index 78.23%
• Barchart computes a technical support level at 8.71
• Recently traded at 9.10 with a 50 day moving average of 8.36

Central Garden and Pet (CENT) Market Cap $478 million

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 20.28% in the last month
• Relative Strength Index 67.72%
• Barchart computes a technical support level at 9.06
• Recently traded at 9.29 with a 50 day moving average of 8.07

Prophase Labs (PRPH) Market Cap $25 million

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 25.56% in the last month
• Relative Strength Index 67.10%
• Barchart computes a technical support level at 1.58
• Recently traded at 1.67 with a 50 day moving average of 1.42

Biotime (BTX) Market Cap $352 million

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 41.96% in the last month
• Relative Strength Index 73.03%
• Barchart computes a technical support level at 4.17
• Recently traded at 4.49 with a 50 day moving average of 3.51

Biotime - BTX -- deleted

This morning I deleted the unrated Biotime Inc (BTX) for the Barchart Van Meerten Speculative portfolio for very negative price trend

• Stock dropped 15.29% off its recent high
• Relative Strength Index is 51.72% but dropping rapidly

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.