5 Small Caps for Momentum Investors

Today I wanted to find 5 Small Caps for momentum investors so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the most frequent new highs in the last month, then again for technical buy signals of 80% or better.  Today's additions to the Watch List include:

Surgical Care Affiliates (SCAI), Cedar Shopping Centers (CDR), Sabra REIT (SBRA),  Oriental Financial Group (OFG) and Universal Forest Products (UFPI)

Surgical Care Affiliates (SCAI)

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 13.54% in the last month
• Relative Strength Index 69.26%
• Technical support level at 50.79
• Recently traded at 51.65 with a 50 day moving average of 46.87

Cedar Shopping Centers (CDR)

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 13.68% in the last month
• Relative Strength Index 76.19%
• Technical support level at 7.87
• Recently traded at 7.98 with a 50 day moving average of 7.25

Sabra REIT (SBRA)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 17.97% in the last month
• Relative Strength Index 70.75%
• Technical support level at 22.21
• Recently traded at 23.70 with a 50 day moving average of 21.26

Oriental Financial Group (OFG)

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 23.03% in the last month
• Relative Strength Index 75.19%
• Technical support level at 10.00
• Recently traded at 10.31 with a 50 day moving average of 8.74

Universal Forest Products (UFPI)

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 22.16% in the last month
• Relative Strength Index 72.83%
• Technical support level at 103.32
• Recently traded at 105.51 with a 50 day moving average of 90.06

Surgical Care Affiliates - Chart of the Day

Surgical Care Affiliates (SCAI) is the Barchart Chart of the Day.  The out patient care company has a Trend Spotter buy signal, a Weighted Alpha of 32.70+ and gained 24.08% in the last year.

The Chart of the Day belongs to Surgical Care Affiliates (SCAI).  I found the out patient care stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  Next I used the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 3/7 the stock gained 10.51%.

Surgical Care Affiliates Inc. operates surgical facilities, including surgery centers, surgical hospitals, and hospital surgery departments. It serves customers throughout the United States. Surgical Care Affiliates Inc. is based in United States.

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:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 9.88% in the last month
• Relative Strength Index 61.71%
• Technical support level at 46.59
• Recently traded at 47.68 with a 50 day moving average of 43.56

Fundamental factors:

• Market Cap $1.89 billion
• P/E 25.44
• Revenue expected to grow 14.80% this year an another 10.40% next year
• Earnings estimated to increase 7.00% this year, an additional 14.00% next year and continue to compound at an annual rate of 22.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 4 buy and 5 hold recommendations on the stock

5 Small Caps for Momentum Investors

Today I used Barchart to sort the S&P 600 Small Cap Index stocks for the most frequent new highs in the last month then I used the Flipchart feature to review the charts for consistency.  The watch list additions are:

Pinnacle Entertainment (PNK), SPX Corp (SPXC), TREX Company (TREX), Government Properties Income Trust (GOV) and Surgical Care Affiliates (SCAI)

Pinnacle Entertainment (PNK)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 15 new highs and up 17.54% in the last month
• Relative Strength Index 76.79%
• Technical support level at 35.03
• Recently traded at 36.98 with a 50 day moving average of 31.33

SPX Corp (SPXC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 15 new highs and up 21.83% in the last month
• Relative Strength Index 77.27%
• Technical support level at 15.77
• Recently traded at 16.16 with a 50 day moving average of 12.41

TREX Company (TREX)

Barchart technical indicators:

• 72% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 13.92% in the last month
• Relative Strength Index 67.50%
• Technical support level at 47.29
• Recently traded at 48.90 with a 50 day moving average of 42.33

Government Properties Income Trust (GOV)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.47% in the last month
• Relative Strength Index 72.57%
• Technical support level at 17.82
• Recently traded at 18.17 with a 50 day moving average of 15.68

Surgical Care Affiliates (SCAI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.32% in the last month
• Relative Strength Index 66.56%
• Technical support level at 45.59
• Recently traded at 47.69 with a 50 day moving average of 43.01