5 Small Caps for Momentum Investors

This morning I used Barchart to sort the S&P 600 Small 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 more.  I used the Flipchart feature to review the charts for consistency.  Today's watch list includes:

Ligand Pharmaceuticals (LGND), Kraton Performance Polymers (KRA), Olympic Steel (ZEUS), Vasco Data Security (VDSI) and Examworks (EXAM)

Ligand Pharmaceuticals (LGND)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 26.19% in the last month
• Relative Strength Index 79.24%
• Technical support level at 125.16
• Recently traded at 129.58 with a 50 day moving average of 105.50

Kraton Performance Polymers (KRA)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 38.58% in the last month
• Relative Strength Index 80.31%
• Technical support level at 21.75
• Recently traded at 22.01 with a 50 day moving average of 17.34

Olympic Steel (ZEUS)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 23.98% in the last month
• Relative Strength Index 77.97%
• Technical support level at 18.78
• Recently traded at 20.71 with a 50 day moving average of 15.25

Vasco Data Security (VDSI)

Barchatrt technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 an d100 day moving averages
• 15 new highs and up 17.51% in the last month
• Relative Strength Index 72.53%
• Technical support level at 16.87
• Recently traded at 17.34 with a 50 day moving average of 15.25

Examworks (EXAM)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 an d100 day moving averages
• 15 new highs and up 20.05% in the last month
• Relative Strength Index 75.52%
• Technical support level at 33.12
• Recently traded at 33.43 with a 50 day moving average of 29.13

5 SMALL CAP BOUNCING OFF THE BOTTOM

I've had requests for stocks that are just beginning to recover so here's 5.  I used Barchart to sort the S&P 600 Small Cap Index stocks for those that have had the most advances in the last 20 trading sessions,  My list includes Inland Real Estate (IRC), Ultratech (UTEK), Examworks Group (EXAM), Epiq Systems (EPIQ), and Irobot (IRBT).

Inland Real Estate (IRC)

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 24.59% in the last month
• Relative Strength Index 73.81%
• Barchart computes a technical support level at 10.47
• Recently traded at 10.63 with a 50 day moving average of 9.10

Ultratech (UTEK)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 16.28% in the last month
• Relative Strength Index 65.69%
• Barchart computes a technician support level at 17.42
• Recenlty traded at 18.13 with a 50 day moving average of 16.17

Examworks Group (EXAM)

Barchart technical indicators:

• 16% Barchart technical sell signal
• Trend Spotter sell signal
• Above its 20 and 50 day moving averages
• 14 new highs and up 8.51% in the last month
• Relative Strength Index 53.24%
• Barchart computes a technical support level at 25.54
• Recently traded at 26.98 with a 50 day moving average of 26.77

Epiq Systems (EPIQ)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 17.62% in the last month
• Relative Strength Index 68.44%
• Barchart computes a technical support level at 14.08
• Recently traded at 14.50 with a 50 day moving average of 13.47

Irobot (IRBT)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 11.58% in the last month'
• Relative Strength Index 69.28%
• Barchart computes a technical support level at 33.83
• Recently traded at 34.92 with a 50 day moving average of 31.77