5 Small Caps for Momentum Investors

I wanted to find 5 Small Cap stocks that might be of interest to Momentum Investors so 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.  Today's Watch List includes:

Masimo (MASI), Select Comfort (SCSS), Ebix (EBIX), Integer (ITGR) and Nutrisystem (NTRI)

Masimo (MASI)

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 24.59% in the last month
• Relative Strength Index 92.87%
• Technical support level at 93.33
• Recently traded at 94.19 with a 50 day moving average of 76.91

Select Comfort (SCSS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 22.71% in the last month
• Relative Strength Index 66.25%
• Technical support level at 23.52
• Recently traded at 24.20 with a 50 day moving average of 21.91

Ebix (EBIX)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 12.78% in the last month
• Relative Strength Index 74.85%
• Technical support level at 63.37
• Recently traded at 64.00 with a 50 day moving average of 58.52

Integer (ITGR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 14.74% in the  last month
• Relative Strength Index 68.59%
• Technical support level at 36.67
• Recently traded at 37.75 with a 50 day moving average of 32.96

Nutrisystem (NTRI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 45.16% in the last month
• Relative Strength Index 84.86%
• Technical support level at 48.37
• Recently traded at 48.50 with a 50 day moving average of 36.80

Masimo - Chart of the Day

Masimo (MASI) is the Barchart Chart of the Day.  The medical instrument stock has a Trend Spotter buy signal, a Weighted Alpha of 109.68+ and gained 116.03% in the last year.

The Chart of the Day belongs to Masimo (MASI).  I found the medical instruments stock by using Barchart to sort today's All Time High list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/08 the stock gained 25.81%.

Masimo develops innovative monitoring technologies that significantly improve patient care -- helping solve `unsolvable` problems. The company debuted Read-Through Motion and Low Perfusion pulse oximetry, known as SET, and with it substantially reduced false alarms and increased pulse oximetry's ability to detect life-threatening events. Our Masimo SET platform has significantly addressed many of the previous technology limitations, has substantially contributed to improved patient outcomes and has been referred to by several industry sources as the gold standard in pulse oximetry. Masimo has introduced Masimo Rainbow SET Pulse CO-Oximetry, which, for the first time, noninvasively monitors the level of carbon monoxide and methemoglobin in the blood, allowing early detection and treatment of potentially life-threatening conditions. Masimo has the mission of `Improving Patient Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications.`

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.

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 11.85% in the last month
• Relative Strength Index 79.10%
• Technical support level at 75.63
• Recently traded at 75.83 with a 50 day moving average of 68.50

Fundamental factors:

• Market Cap $3.76 billion
• P/E 45.98
• Revenue expected to grow 9.80% this year and another 6.70% next year
• Earnings estimated to increase 38.10% this year, an additional 1.90% next year and continue to compound at an annual rate of 15.06% for the next 5 years
• Wall Street analysts issued 4 buy and 2 hold recommendations on the stock

5 Small Caps for Momentum Investors

This morning I wanted to find small cap stocks with great current momentum.  I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest number of new highs in the last month, then again for technical buy signals of 80% or better.  Today's Watch List includes:

Masimo (MASI), Encore Capital (ECPG), Wabash National (WNC), Scientific Games (SGMS) and Semtech (SMTC)

Masimo (MASI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 11.17% in the last month
• Relative Strength Index 80.69%
• Technical support level at 74.82
• Recently traded at 75.41 with a 50 day moving average of 67.95

Encore Capital (ECPG)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 15.90% in the last month
• Relative Strength Index 68.62%
• Technical support level at 32.33
• Recently traded at 32.80 with a 50 day moving average of 29.12

Wabash National (WNC)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 31.86% in the last month
• Relative Strength Index 84.61%
• Technical support level at 20.87
• Recently traded at 21.11 with a 50 day moving average of 16.23

Scientific Games (SGMS)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 25.72% in the last month
• Relative Strength Index 82.70%
• Technical support level at 19.28
• Recently traded at 19.55 with a 50 day moving average of 15.66

Semtech (SMTC)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 6.13% in the last month
• Relative Strength Index 59.40%
• Technical support level at 33.27
• Recently traded at 33.75 with a 50 day moving average of 31.89

5 Small Caps Moving on Up

If your looking for some small caps with current momentum the easiest was to find them is to use Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the most frequent new highs in the last month then use the Flipchart feature to look at their charts.

The list today includes AAON Inc (AAON), Cynosure (CYNO), Old National Bancorp Capital (ONB), Super Micro Computers (SMCI), Masimo Corp (MASI):

AAON Inc (AAON)

Barchart technical indicators:

• 48% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 16.68% in the last month
• Relative Strength Index 63.21
• Barchart computes a technical support level at 20.07
• Recently traded at 20.87 with a 50 day moving average of 18.69

Cynosure (CYNO)

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 34.56% in the last month 
• Relative Strength Index 70.04%
• Barchat computes a technical support level at 26.62
• Recently traded at 27.19 with a 50 day moving average of 22.87

Old National Bancorp Capital (ONB)

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 18.41% in the last month
• Relative Strength Index 67.68%
• Barchart computes a technical support level at 13.69
• Recently traded at 14.81 with a 50 day moving average of 13.51

Super Micro Computer (SMCI)

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 38.18% in the last month
• Relative Strength Index 73.61%
• Barchart computes a technical support level at 33.25
• Recently traded at 34.39 with a 50 day moving average of 28.82

Masimo Corp (MASI)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 23.72% in the last month
• Relative Strength Index 72.91%
• Barchat computes a technical support level at 26.04
• Recently traded at 26.36 with a 50 day moving average 22.96