5 Small Caps for Momentum Investors

I have been asked the same question many, many times: Why couldn't you find these stocks much earlier?  Well I'm listening and now using Barchart to find stocks much earlier by using more short term screening criteria.  Today I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest number of new highs in the last month, then again for a Trend Spotter buy signal.  Next I reviewed the charts using the Flipchart feature.  Today's  watch list includes:

Cantel Medical (CMN), Cash America International (CSH), Hawaiian Holdings (HA), Parkway Properties (PKY) and Cousins Properties (CUZ)

Cantel Medical (CMN)

Barchart technical indicators:

• 17 new highs and up 20.53% in the last month
• Trend Spotter buy signal
• 80% short term technical buy signals
• Relative Strength Index 74.21
• Recently traded at 70.54 with a technical support level at 71.01

Cash America International (CSH)

Barchart technical indicators:

• 16 new highs and up 21.73% in the last month
• Trend Spotter buy signal
• 60% short term technical buy  signals
• Relative Strength Index 72.31%
• Recently traded at 36.63 with a technical support level at 36.22

Hawaiian Holdings (HA)

Barchart technical indicators:

• 15 new highs and up 24.96% in the last month
• Trend Spotter buy signal
• 80% short tern technical buy signals
• Relative Strength Index 71.97%
• Recently traded at 45.00 with a technical support at 43.38

Parkway Properties (PKY)

Barchart technical indicators:

• 15 new highs and up 19.27% in the last month
• Trend Spotter buy signal
• 80% short term technical buy signals
• Relative Strength Index 66.20%
• Recently traded at 14.74 with  a technical support level at 14.60

Cousins Properties (CUZ)

Barchart technical indicators:

• 14 new highs and up 19.57% in the last month
• Trend Spotter buy signal
• 80% short term technical buy signals
• Relative Strength Index 74.15%
• Recently traded at 9.91 with a 50 day moving average of 9.70

Cantel Medical - Chart of the Day

Cantel Medical (CMN) is the Barchart  Chart of the Day.  The medical infection prevention company has a Trend Spotter buy signal, a Weighted Alpha of 56.20+ and gained 57.24% in the last year.

The Chart of the Day belongs to Cantel Medical (CMN).  I found the medical infection prevention stock by using Barchart to sort today's All Time High list first for the highest number of new highs in the last month, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts.

Cantel Medical Corp. is a healthcare company concentrating primarily in infection prevention and control products and diagnostic and therapeutic medical equipment. Through its United States subsidiary, MediVators, Inc., Cantel serves customers worldwide by designing, developing, manufacturing, marketing and distributing innovative products for the infection prevention and control industry.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 19.85% in the last month
• Relative Strength Index 80.37%
• Technical support level at 65.16
• Recently traded at 69.62 with a 50 day moving average of 60.65

Fundamental factors:

• Market Cap $2.90 billion
• P/E 44.47
• Dividend yield .18%
• Revenue expected to grow 14.00% this year and another 14.20% next year
• Earnings estimated to increase 27.00% this year, an additional 22.60% next year and continue to compound at an annual rate of 18.00% for the next 5 years
• Wall Street analysts issued 1 buy and 1 hold recommendation on the stock

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy for this stock.

Cantel Medical - Chart of the Day

Cantel Medical (CMN) is the Barchart Chart of the Day.  The medical instruments company has a Trend Spotter buy signal, a Weighted Alpha of 54.36+ and gained 63.94% in the last year.

The Chart of the Day is Cantel Medical (CMN).  I found the medical instruments stock by using Barchart to sort the Russell 3000 Index stocks for stocks with a Weighted Alpha of at least 50.00+ and Barchart technical buy signals of 80% or better.  Since the Trend Spotter signaled a buy on 9/29 the stock gained 2.64%.

Cantel Medical Corp. is a healthcare company concentrating primarily in infection prevention and control products and diagnostic and therapeutic medical equipment. Through its United States subsidiary, MediVators, Inc., Cantel serves customers worldwide by designing, developing, manufacturing, marketing and distributing innovative products for the infection prevention and control industry.

The status of Barchart's Opinion trading systems are listed below.  Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates.  The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 88% Barchart technical buy signals
• 54.36+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.58% in the last year
• Relative Strength Index 61.41%
• Barchart computes a technical support level at 54.00
• Recently traded at 55.92 with a 50 day moving average of 52.61

Fundamental factors:

• Market Cap $2.32 billion
• P/E 39.38
• Dividend yield .18%
• Revenue expected to grow 15.40% this year and another 15.00% next year
• Earnings estimated to increase 24.30% this year, an additional 24.50% next yea and continue to increase at an annual rate of 18.00% for the next 5 years
• Wall Street analysts issued 1 buy and 1 hold recommendation on the stock
• The individual investors on Motley Foll voted 128 to 18 that the stock will beat the market

The 50-100 Day MACD Oscillator has been the best technical trading strategy for this stock

The 5 Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index to find the stocks that have listed the most frequent new highs in the last month.  I further filtered for those stocks having positive gains for both the last week and last month.  The list includes Infinity Property and Casualty (IPCC), DXP Enterprises (DXPE), Cantel Medical (CMN), Drew Industries (DW), and Globe Specialty Metals (GSM):

Infinity Property and Casualty (IPCC)

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 13.30% in the last month
• Relative Strength Index 74.32%
• Barchart computes a technical support level at 67.63
• Recently traded at 69.26 with a 50 day moving average of 63.34

DXP Enterprises (DXPE)

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 9.54% in the last month
• Relative Strength Index 67.73%
• Barchart computes a technical support level at 78.83
• Recently traded at 81.36 with a 50 day moving average of 73.55

Cantel Medical (CMN)

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 22.21% in the last month
• Relative Strength Index 71.25%
• Barchart computes a technical support level at 31.06
• Recently traded at 33.01 with a 50 day moving average of 28.41

Drew Industries (DW)

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 16.24% in the last month
• Relative Strength Index 67.17%
• Barchart computes a technical support level at 47.59
• Recently traded at 48.70 with a 50 day moving average of 43.88

Globe Specialty Metals (GSM)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 20.61% in the last month
• Relative Strength Index 87.41%
• Barchart computes a technical support level at 16.44
• Recently traded at 17.04 with a 50 day moving average of 14.20

5 Terrific Small Caps

This afternoon I used Barchart to sort the S&P 600 Small Cap Index to find the sticks that have hit the most new highs in the last month.  My list includes Cantel Medical (CMN), Insperity (NSP), DXP Enterprises (DXPE), Scanscource (SCSC) and Tennant (TNC):

Cantel Medical (CMN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 24.67% in the last month
• Relative Strength Index 82.76%
• Barchart computes a technical support level at 31.61
• Recently traded at 32.30 with a 50 day moving average of 27.48

Insperity (NSP)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 16.16% in the last month
• Relative Strength Index 68.94%
• Barchart computes a technical support level at 37.29
• Recently traded at 37.50 with a 50 day moving average of 34.39

DXP Enterprises (DXPE)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 17.15% in the last month
• Relative Strength Index 83.92%
• Barchart computes a technical support level at 34.78
• Recently traded at 79.98 with a 50 day moving average of 71.94

Scanscource (SCSC)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 14.08% in the last month
• Relative Strength Index 66.09%
• Barchart computes a technical support level at 34.78
• Recently traded at 35.43 with a 50 day moving average of 34.14

Tennant Co (TNC)

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 21.21% in the last month
• Relative Strength Index 62.63%
• Barchart computes a technical support level at 61.90
• Recently traded at 62.63 with a 50 day moving average of 55.45

3 Small Cap S&P 600 stocks on the move up

This morning I used Barchart to screen the Small Cap S&P 600 stocks for the 3 with the most steady and consistent upward price momentum and found Movado Group (MOV), Select Comfort Group (SCSS) and Cantel Medical (CMN)

Movado Group (MOV)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 7.49% in the last month 
• Relative Strength Index 62.47%
• Barchart computes a technical support level at 21.70
• Recently traded at 21.97 with a 50 day moving average of 20.04

Select Comfort Group (SCSS)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 14.80% in the last month
• Relative Strength Index 74.31%
• Barchart computes a technical support level at 31.35
• Recently traded at 32.20 with a 50 day moving average of 27.68

Cantel Medical (CMN)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 17.12% in the last month
• Relative Strength Index 73.24%
• Recently traded at 24.36 with a 50 day moving average of 21.30