5 Small Caps for Momentum Investors

Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the 5 with the best current momentum.  First I sorted for the most frequent 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.  Today's Watch list includes:

California Water Service Group (CWT), Innophos Holdings (IPHS), Allete (ALE), SouthWest Gas (SWX) and Five Below (FIVE)

California Water Service Group (CWT)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 13.15% in the last month
• Relative Strength Index 72.04%
• Technical support level at 31.48
• Recently traded at 31.93 with a 50 day moving average of 28.98

Innophos Holdings (IPHS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 12.74% in the last month
• Relative Strength Index 72.41%
• Technical support level at 40.80
• Recently traded at 41.60 with a 50 day  moving average of 37.65

Allete (ALE)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 12.14% in the last month
• Relative Strength Index 72.42%
• Technical support level at 60.40
• Recently traded at 61.79 with a 50 day moving average of 57.30

SouthWest Gas (SWX)

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 9.88% in the last month
• Relative Strength Index 72.83%
• Technical support level at 73.22
• Recently traded at 74.76 with a 50 day moving average of 68.53

Five Below (FIVE)

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 19.62% in the last month
• Relative Strength Index 68.05%
• Technical support level at 45.55
• Recently traded at 45.97 with a 50 day moving average of 41.37

Southwest Gas - Chart of the Day

SouthWest Gas (SWX) is the Barchart Chart of the Day.  The gas utility has a Trend Spotter buy signals, a Weighted Alpha of 43.50+. gained 36.76% in the last year and paid a 2.41% dividend.

The Chart of the Day belongs to SouthWest Gas (SWX).  I found the gas utility 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 more.  Next I reviewed the charts for consistency using the Flipchart feature.

SouthWest Gas is principally engaged in the business of purchasing,transporting, and distributing natural gas in portions of Arizona, Nevada,and California. The Company also engaged in financial services activities,through PriMerit Bank, Federal Savings Bank (PriMerit or the Bank), a wholly owned subsidiary.

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
• 16 new highs and up 9.42% in the last year
• Relative Strength Index 70.06%
• Technical support level at 73.12
• Recenlty traded at 74.45 with a 50 day moving average of 68.53

Fundamental factors:

• Market Cap $3.53 billion
• P/E 25.25
• Dividend yield 2.41%
• Revenue expected to grow 2.30% for this year and another 3.90% next year
• Earnings estimated to increase 7.70% this year, an additional 7.50% next yer and continue to compound at an annual rate of 4.00% for the next 5 years
• Wall Street analysts issued 2 strong buy, 1 buy and 5 hold recommendations on the stock

5 Small Caps on the Rise

Today's list comes from using Barchart to sort the S & P 600 Small Cap index stocks for the highest Barchart technical buy signals and then using the Flipchart feature to find the charts I like best.  Today's list includes UIL Holdings (UIL), Tessera Technologies (TSRA), SouthWest Gas (SWX),        Symmetry Medical (SMA) and Tanger Factory Outlet Centers (SKT):

UIL Holdings (UIL)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above  its 20, 50 and 100 day moving averages
• 8 new highs and up 3.53% in the last month
• Relative Strength Index 68.46%
• Barchart computes a technical support level at 39.70
• Recently traded at 40.39 with a 50 day moving average of 38.67

Tessera Technologies (TSRA)

Barchart technical indicators:

• 100% Barchatrt technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 11.31% in the last month
• Relative Strength Index 71.46%
• Barchart computes a technical support level at  18.75
• Recently traded at 19.66 with a 50 day moving average of 17.92

SouthWest Gas (SWX)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 4.37% in the last month
• Relative Strength Index 68.92%
• Barchart computes a technical support level at 47.90
• Recently traded at 48.97 with a 50 day moving average of 46.27

Symmetry Medical (SMA)

Barchart technial indicators:

• 100% Barchart techncial buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new hgihs and up 18.59% in the last mnth
• Relative Strength Index 83.23%
• Barchart computes a technical supprot elvel at 12.02
• Recently traded at 12.70 with a 50 day moving average of 11.03

Tanger Factory Outlet Centers (SKT)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 5.37% in the last month
• Relative Strength Index 76.04%
• Barchart computes a technical support level at 36.86
• Recently traded at 37.44 with a 50 day moving average of 35.76

3 Good Small Caps

I used Barchart to screen the S & P 600 Small Cap Index stocks to find 3 with good positive momentum and great technicals and found SouthWest Gas (SWX), Sovian Self Storage (SSS) and American States Water (AWR):

SouthWest Gas (SWX)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 2.81% in the last month
• Relative Strength Index 67.58%
• Barchart computes a technical support level at 44.54
• Recently traded at 44.94 with a 50 day moving average of 43.02

Sovian Self Service (SSS)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 9.71% in the last month
• Relative Strength Index 68.32%
• Barchart computes a technical support level at 52.60
• Recently traded at 53.55 with a 50 day moving average of 58.84

American States Water (AWR)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 10.87% in the last month
• Relative Strength Index 79.20%
• Barchart computes a technical support level at 40.87
• Recently traded at 41.52 with a 50 day moving average of 39.29