5 Breakout Small Caps

Today I wanted to find a list of small cap stocks breaking out of their trading patterns.  I used Barchart to sort the S&P Small Cap 600 Index stocks to find ones that had the most frequent up days in the last month, then used the Flip Chart feature to review the charts.

Today's list includes Ligand Pharmaceuticals (LGND), Healthstream (HSTM), IPC The Hospitalist Company (IPCM), Stephan Company (SCL) and Cash America International (CSH).

Ligand Pharmaceuticals (LGND)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 23.76% in the last month
• Relative Strength Index 75.67%
• Barchart computes a technical support level at 87.38
• Recently traded at 89.38 with a 50 day moving average of 73.25

Healthstream (HSTM)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 26.85% in the last month
• Relative Strength Index 82.18%
• Barchart computes a technical support level at 29.23
• Recently traded at 31.30 with a 50 day moving average of 26.42

IPC The Hospitalist Company (IPCM)

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 13.42% in the last month
• Relative Strength Index 74.09%
• Barchart computes a technical support level at 51.31
• Recently traded at 52.64 with a 50 day moving average of 46.40

Stephan Company (SCL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 10.78% in the last month
• Relative Strength Index 76.63%
• Barchart computes a technical support level at 43.78
• Recently traded at 44.61 with a 50 day moving average of 41.33

Cash America International (CSH)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 12.48% in the last month
• Relative Strength Index 58.98%
• Barchart computes a technical support level at 25.72
• Recently traded at 26.08 with a 50 day moving average of 23.96

5 Small Cap Picks

Today I used Barchart to sort the S&P 600 Small Cap Index for the stocks with the best technical indicators and charts and found Parexel International (PRXL), Nuvasive (NUVA), Nutrisystems (NTRI), IPC The Hospitalist Company (IPCM), and Healthways (HWAY):

Parexel International (PRXL)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 4.31% in the last month
• Relative Strength Index 65.61%
• Barchart computes a technical support level at 46.78
• Recently traded at 48.45 with a 50 day moving average of 44.44

Nuvasive (NUVA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 3.52% in the last month
• Relative Strength Index 72.41%
• Barchart computes a technical support level at 22.16
• Recently traded at 23.98 with a 50 day moving average of 21.80

Nutrisystems (NTRI)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 17.86% in the last month
• Relative strength Index 74.38%
• Barchart computes a technical support level at 9.80
• Recently traded at 10.73 with a 50 day moving average of 8.73

IPC The Hospitalist Company (IPCM)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 9.26% in the last month
• Relative Strength Index 75.89%
• Barchart computes a technical support level at 51.33
• Recently traded at 53.05 with a 50 day moving average of 47.16

Healthways (HWAY)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 18.13% in the last month
• Relative Strength Index 70.19%
• Barchart computes a technical support level at 14.24
• Recently traded at 16.56 with a 50 day moving average of 13.81