Small Caps on the Move

Today I used Barchart to sort the S&P 600 Small Cap Index to find the stocks with the best technical indicators and charts.  The list includes Viewpoint Financial Group (VPFG), Umpqua Holdings (UMPQ, Glacier Bancorp (GBCI), Comscore (SCOR) and Brookline Bancorp (BRKL):

Viewpoint Financial Group (VPFG)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 12.38% in the last month
• Relative Strength Index 77.90%
• Barchart computes a technical support level at 20.95
• Recently traded at 21.68 with a 50 day moving average of 19.67

Umpqua Holdings (UMPQ)

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 12.55% in the last month
• Relative Strength Index 77.73%
• Barchart computes a technical support level at 15.63
• Recently traded at 16.14 with a 50 day moving average of 13.96

Glacier Bancorp (GBCI)

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 18.24% in the last month
• Relative Strength Index 74.24%
• Barchart computes a technical support level at 22.88
• Recently traded at 23.26 with a 50 day moving average of 20.32

Comscore (SCOR)

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 11.81% in the last month
• Relative Strength Index 72.29%
• Barchart computes  a technical support level at 24.75
• Recently traded at 24.99 with a 50 day moving average of 20.32

Brookline Bancorp (BRKL)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 8.43% in the last month
• Relative Strength Index 71.45%
• Barchart computes a technical support level at 9.08
• Recently traded at 9.28 with a 50 day moving average of 8.60

Glacier Bancorp - Chart of the Day

Summary:

Glacier Bancorp (GBCI) is the Chart of the Day for the second time this year.  The first time was back on 2/27 and since then the stock is up 34.05%. I found the stock on the New High List when I sorted it for frequency.

Article:

The Chart of the Day is Glacier Bancorp (GBCI).  If the stock looks familiar it's because it was the Chart of the Day back on 2/27 and has since gone up 34.05%.  The stock hit 17 new highs and is up 19.29% in the past month. The Relative Strength Index is 79.53%.  The stock was on the New High List.

The Bank operates as holding company for Glacier Bank, which provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. The Banks deposit products include non-interest bearing demand accounts, interest bearing checking accounts, regular statement savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, individual retirement accounts, and reciprocal deposits.  It operates 108 locations, including 99 branches.

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
• 17 new highs and up 19.29% in the last month
• Relative Strength Index 79.53%
• Barchart computes a technical support level at 22.75
• Recently traded at 23.19 with a 50 day moving average of 19.81

Fundamental factors:

• Market Cap $16.7 billion
• P/E 19.99
• Dividend yield 2.52%
• Revenue projected to grow 4.20% this year and another 7.60% next year
• Earnings estimated to increase 15.20% this year, an additional 10.70% next year and continue to grow annually by 10.00% for the next 5 years
• Wall Street analysts issued 1 buy and 7 hold recommendations
• Financial Strength B

This stock has risen about 56.75% YTD so watch the moving averages closely to see when it runs out of steam.

Glacier Bancorp - GBCI - Barchart's Chart of the Day

Summary:

Today's Barchart Chart of the Day is Glacier Bancorp (GBCI) and was found by sorting the Barchart New Highs for frequency.  The stock hit 16 new highs and is up 12.19% in the last month. Since the Trend Spotter signaled a buy on 12/19 the stock is up 14.90%.


Article:

Today's Chart of the Day is Glacier Bancorp (GBCI) and was found by sorting the Barchart New High list for frequency.  The stock hit 16 new highs and is up 12.19% for the month.  Since the Trend Spotter triggered a buy signal on 12/19 at 14.90 the stock is up 16.12%.

The stock is a multi-bank holding company and provides commercial banking services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. It offers transaction and savings deposits; real estate, commercial, agriculture, and consumer loans; mortgage origination services; and retail brokerage services to individuals, small to medium-sized businesses, community organizations, and public entities.

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
• 16 new highs and up 12.19% in the last month
• Relative Strength Index 74.56%
• Barchart computes a technical support level at 16.57
• Recently traded at 17.30 with a 50 day moving average of 15.64

Fundamental factors:

• Market Cap  $1.24 billion
• P/E  15.87
• Dividend yield  3.36%
• Analysts issued 8 hold recommendations
• Revenue projected to increase 1.20% this year and another 5.30% next year
• Earnings are estimated to increase by 11.40% this year, an additional 7.70% next year and increase annually buy 10.00% for the next 5 years
• Financial strength B+

Exit Strategy:  Sell if you lose 10% from your entry point or the stock drops below its 50 day moving average.