The 5 Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index for frequency, then skipped over the stocks that did not have positive gains for the last week and month.  Finally I used the Flipchart feature to find the charts I liked.

Today's list includes Cyberonics (CYBX), Insight Enterprises (NSIT), Arris Group (ARRS), Sonic Corp (SONC) and Super Micro Computers (SMCI):

Cyberonics (CYBX)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 22.27% in the last month
• Relative Strength Index 74.17%
• Barchart computes a technical support level at 68.29
• Recently traded at 69.32 with a 50 day moving average of 58.57

Insight Enterprises (NSIT)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 16.16% in the last month
• Relative Strength Index 81.05%
• Barchart computes a technical support level at 23.75
• Recently traded at 24.27 with a 50 day moving average of 21.21

Arris Group (ARRS)

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 23.01% in the last month
• Relative Strength Index 82.89%
• Barchart computes a technical support level at 20.09
• Recently traded at 21.21 with a 50 day moving average of 17.76

Sonic Corp (SONC)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 8.97% in the last month
• Relative Strength Index 73.33%
• Barchart computes a technical support level at 21.14
• Recently traded at 21.14 with a 50 day moving average of 18.92

Super Micro Computers (SMCI)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 14.42% in the last month
• Relative Strength Index 80.37%
• Barchart computes a technical support level at 15.82%
• Recently traded at 16.50 with a 50 day moving average of 14.39

Cyberonics - Barchart's Chart of the Day

Cyberonics (CYBX) is the Barchart Chart of the Day.  The medical device company has a Trend Spotter buy, a weighted Alpha of 55.50+ and is up 47.84% in just the last 6 months.

The Chart of the Day is Cybernoics (CYBX).  I found the stock by sorting today's New High List for frequency, then used the flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/11 the stock gained 35.36%.

They design, develop and market medical devices for the treatment of epilepsy and other debilitating neurological disorders using a therapy, vagus nerve stimulation. The company's initial target market is epilepsy, the world's second most prevalent neurological disorder, which is characterized by seizures. Vagus nerve stimulation with the Cyberonics NCP System was approved for use as an adjunctive therapy in reducing the frequency of seizures in adults and adolescents with medically refractory partial onset seizures.

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:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 25.36% in the last month
• Relative Strength Index 85.28%
• Barchart computes a technical support level at 67.84
• Recently traded at 71.02 with a 50 day moving average of 57.82

Fundamental factors:

• Market Cap $1.94 billion
• P/E 35.98
• Analysts predict revenue will grow by 11.40% this year and another 10.70% next year
• Earnings are estimated to increase 15.50% this year, an additional 14.90% next year and continue to increase by 17.33% annually for the next 5 years
• Wall Street analysts issued 6 strong buy, 2 buy and 2 hold recommendations
• Financial Strength is B+

The stock has been on a fast climb so watch the 50 day moving average to protect your profits

Cyberonics - CYBX - Barchart Chart of the Day

Barchart.coms Chart of the Day - Cyberonics (CYBX)

Barchart Research Team - BC - Tue Sep 18, 4:09PM CDT

The "Chart of the Day" is Cyberonics (CYBX), which showed up on Tuesday's Barchart "All-Time High" list. Cyberonics on Tuesday rallied to a new all-time high of $52.49 and closed +2.62%. TrendSpotter has been long since Aug 17 at $45.07. In recent news on the stock, Piper Jaffray on Aug 29 reiterated its Overweight rating and raised its target to $52 from $44. Canaccord on Aug 29 upgraded Cyberonics to Buy from Hold and raised its target to $56 from $34. Cyberonics on Aug 28 reported fiscal Q1 EPS of 38 cents, above the analyst consensus of 36 cents. Cyberonics, with a market cap of $1.3 billion, develops and sells medical devices.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
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.

• TrendSpotter: Buy
• Short-Term Indicators: 80% Buy
• Medium-Term Indicators: 100% Buy
• Long-Term Indicators: 100% Buy
• Overall Average 96% Buy

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