5 Stocks Hitting New Highs

Today I used Barchart to screen the New High list of the stocks hitting the most new highs in the last month and found General Finance (GFN), Hanmi Financial (HAFC), Geoeye (GEOY), American Capital (ACAS) and Valassis Communications (VCI).  They all hit 16 - 18 new highs in the last month and remember there are usually only 20 trading days in a month.

General Finance (GFN)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 17.91% in the last month
• Relative Strength Index 85.46%
• Barchart computes a technical support level at 3.52
• Recently traded at 3.95 with a 50 day moving average of 3.29

Hanmi Financial (HAFC)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 22.78% in the last month
• Relative Strength Index 83.79%
• Barchart computes a technical support level at 12.75
• Recently traded at 13.15 with a 50 day moving average of 10.82

Geoeye (GEOY)

Barchart technical indicators:

• 72% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 17 new highs and up 81.69% in the last month
• Relative Strength Index 81.00%
• Barchart computes  a technical support level at 27.11
• Recently traded at 27.58 with a 50 day moving average of 19.98

American Capital (ACAS)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 12.96% in the last month
• Relative Strength Index 81.25%
• Barchart computes a technical support level at 11.04
• Recently traded at 11.16 with a 50 day moving average of 10.01

Valassis Communications (VCI)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 18.76% in the last month
• Relative Strength Index 77.06%
• Barchart computes a technical support level at 24.33
• Recently traded at 24.88 with a 50 day moving average of 21.49

3 Stock With Chart's So Good I Can't Stand It

This morning I used Barchart to sort for the stocks that hit the most new highs in the last month then used to flipchart feature to find some really interesting charts to share with you.  Look at CEF Income Composite Powershares (CEF), Hamni Financial (HAFC) and Wizzard Software (WZE).

CEF Income Composite Powershares (PCEF)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 2.75% in the last month
• Relative Strength Index 75.37%
• Barchart computes a technical support level at 25.84
• Recently traded at 25.42 with a 50 day moving average of 24.65

Hamni Financial (HAFC)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 22.35% in the last month
• Relative Strength Index 81.28%
• Barchart computes  a technical support level at 11.94
• Recently traded at 12.66 with a 50 day moving average of 10.46

Wizzard Software (WZE)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 132.20% in the last month
• Relative Strength Index 74.59%
• Barchart computes a technical support level at 2.97
• Recently traded at 4.88 with a 50 day moving average of 2.60