Today's 5 Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the stocks with technical buy signals of 80% or better and a Weighted Alpha of 50.00+.  The top stocks today were The Medicines Company (MDCO), Dycom Industries (DY), Central Garden & Pet (CENTA), Virtusa (VRTU), and LHC Group (LHCG).

The Medicines Company (MDCO)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 95.35+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 38.77% in the last month 
• Relative Strength Index 74.46%
• Barchart computes a technical support level at 41.52
• Recently traded at 43.31 with a 50 day moving average of 34.51

Dycom Industries (DY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 153.62+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 15.49% in the last month
• Relative Strength Index 70.06%
• Barchart computes a technical support level at 76.55
• Recently traded at 79.32 with a 50 day moving average of 68.48

Central Garden & Pet (CENTA)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 112.63+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 31.17% in the last month
• Relative Strength Index 83.18%
• Barchart computes a technical support level at 14.94
• Recently traded at 16.20 with a 50 day moving average of 12.14

Virtusa (VRTU)

Barchart technical indicators:

• 88% Barchart technical buy signals
• 51.12+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 7.31% in the last month
• Relative Strength Index 60.25%
• Barchart computes a technical support level at 52.53
• Recently trade at 53.38 with a 50 day moving average of 50.54

LHC Group (LHCG)

Barchart technical indicators:

• 88% Barchart technical buy signals
• 98.51+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 3.52% in the last month
• Relative Strength Index 66.01%
• Barchart computes a technical support level at 46.73
• Recently traded at 49.16 with a 50 day moving average of 44.00

The 4 Best Small Caps

Although I'm not buying anything today, I still used Barchart to screen the S&P 600 Small Cap Index stocks to see if any of them met my strict screening criteria.  Today there were only 4: Dycom Industries (DY), Calavo Growers (CVGW), Virtusa Corp (VRTU), and Emergent Biosolutions (EBS).

Dycom Industries (DY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 123.46+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 9.24% in the last month
• Relative Strength Index 62.24%
• Barchart computes a technical support level at 68.92
• Recently traded at 71.14 with a 50 day moving average of 65.10

Calavo Growers (CVGW)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 53.65+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 6.87% in the last month
• Relative Strength Index 67.26%
• Barchart computes a technical support level at 55.99
• Recently traded at 59.23 with a 50 day moving average of 53.98

Virtusa Corp (VRTU)

Barchart technical indicators:

• 80% Barchart technical buy signals
• 53.01+ Weighted Alpha
• Trend Spotter hold signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 7.47% in the last month
• Relative Strength Index 64.80%
• Barchart computes a technical support level at 49.44
• Recently traded at 52.34 with a 50 day moving average of 49.77

Emergent Biosolutions (EBS)

Barchart technical indicators:

• 88% Barchart technical buy signals
• 50.55+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 3.10% in the last month
• Relative Strength Index 55.92%
• Barchart computes a technical support level at 33.73
• Recently traded at 34.64 with a 50 day moving average of 33.54

Today's Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index by frequency in the last month.  I skipped over the stocks that did not have positive results in the last week and month then used the Flipchart feature to review the charts to select only those also trading above their 20, 50 and 100 day moving averages.

Today's list includes Eastgroup Properties (EGP), Virtusa Corp (VRTU), Analogic (ALOG), Clearwater Paper (CLW) and Questcor Pharmaceutical (QCOR):

Eastgroup Properties (EGP)

Barchart technical indicators:

• 33% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 7.02% in the last month
• Relative Strength Index 61.54%
• Barchart computes a technical support level at 61.30 with a 50 day moving average of 58.49

Virtusa Corp (VRTU)

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 6.38% in the last month
• Relative Strength Index 59.86%
• Barchart computes a technical support level at 34.12
• Recently traded at 36.72 with a 50 day moving average of 35.67

Analogic (ALOG)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 7.89% in the last month
• Relative Strength Index 57.6%
• Barchart computes a technical support level at 94.24
• Recently traded at 95.65 with a 50 day moving average of 90.99

Clearwater Paper (CLW)

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 28.47% in the last month
• Relative Strength Index 85.50%
• Barchart computes a technical support level at 64.88
• Recently traded at 66.38 with a 50 day moving average of 54.17

Questcor Pharmaceutical (QCOR)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 25.45% in the last month
• Relative Strength Index 66.60%
• Barchart computes a technical support level at 67.08
• Recently traded at 68.87 with a 50 day moving average of 58.36

3 Small Caps You Can't Ignore

This morning I sorted the S&P Small Cap 600 Index stocks to see which had the best Barchart technical indicators and found Winnebago Industries (WGO), Virtusa Corp (VRTU) and Marriott Vacations Worldwide (VAC):

Winnebago Industries (WGO)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 12.72% in the last month
• Relative Strength Index 78.58%
• Barchart computes a technical support level at 12.02
• Recently traded at 12.67 with a 50 day moving average of 10.93

Virtusa Corp (VRTU)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 8.65% in the last month
• Relative Strength Index 71.53%
• Barchart computes a  technical support level at 17.49
• Recently traded at 18.33 with a 50 day moving average of 15.56

Marriot Vacations Worldwide (VAC)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 14.00% in the last month
• Relative Strength Index 76.258%
• Barchart computes a technical support level at 25.57
• Recently traded at 36.08 with a 50 day moving average of 31.59

5 Stocks to consider -- 10/30

These are 5 stocks that came up on my Barchart New High screener:

EPE  -- Enterprise Group -- 100% Barchart technical buy signal -- 18 new highs and up 11.11% in the last month -- Relative Strength Index 85.98% and rising

ALX -- Alexander's -- 96% Barchart technical buy signal -- 18 new highs and up 19.13% in the last month --- Relative Strength Index 79.48% and rising

MORN -- Morningstar -- 64% Barchart technical buy signal -- 18 new highs and up 10.28% in the last month -- Relative Strength Index 71.72% and rising

GLRE -- Greenlight Reinsurance -- 96% Barchart technical buy signal -- 17 new highs and up 15.44% in the last month -- Relative Strength Index 75.31% and rising

VRTU - VirtUSA -- 100% Barchart technical buy signal -- 17 new highs and up 43.61% in the last month -- Relative Strength Index 92.60% and rising

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.