The 5 Best Mid Caps

Today I wanted to find the 5 best Mid Cap stocks so I used Barchart to sort the S&P 400 Mid Cap Index stocks for the ones with the highest Weighted Alpha then selected those with  current  Barchart Technical Buy Signals of at least 80% or better.

Today's list includes Skechers (SKX), WisdomTree Investments (WETF), Molina Healthcare (MOH), Acuity Brands (AYI) and Alaska Air (ALK).

Skechers (SKX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 215.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 32.65%
• Relative Strength Index 76.12%
• Barchart computes a technical support level at 153.00
• Recently traded at 154.06 with a 50 day moving average of 119.15

WisdomTree Investments (WETF)

Barchart technical indicators:

• 88% Barchart technical buy signals
• 112.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 11.30% in the last month
• Relative Strength Index 56.67%
• Barchart computes a technical support level at 24.87
• Recently traded at 24.41 with a 50 day moving average of 22.64

Molina Healthcare (MOH)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 86.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 8.13% in the last month
• Relative Strength Index 63.46%
• Barchart computes a technical support level at 74.47
• Recently traded at 205.01 with a 50 day moving average of 187.95

Acuity Brands (AYI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 81.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 9.66% in the last month
• Relative Strength Index 72.78%
• Barchart computes a technical support level at 204.33
• Recently traded at 205.01 with a 50 day moving average of 187.95

Alaska Air (ALK)

Barchart technical indicators:

• 96% Barchart technical by signals
• 78.30+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 17.47 in the last month
• Relative Strength Index 67.52%
• Barchart computes a technical support level at 76.99
• Recently traded at 77.76 with a 50 day moving average of 68.66

The 5 Best Mid-Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index stocks to find with the most consistent upward prices momentum then used the Flipchart feature to review the charts.

Today's list includes Skechers (SKX), Thoratec (THOR), Jetblue Airways (JBLU), WisdomTree Investments (WETF) and Manhattan Associates (MANH).

Skechers (SKX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Weighted Alpha of 156.00+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 10.98% in the last month
• Relative Strength Index 75.47%
• Barchart computes a technical support level at 119.95
• Recently traded at 123.75 with a 50 day moving average of 110.50

Thoratec (THOR)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Weighted Alpha of 114.37+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 22.99% in the last month
• Relative Strength Index 88.41%
• Barchart computes a technical support level at 46.10
• Recently traded at 56.13 with a 50 day moving average of 45.53

Jetblue Airways (JBLU)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Weighted Alpha of 104.87+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 13.45% in the last month
• Relative Strength Index 68.51%
• Barchart computes a technical support level at 22.51
• Recently traded at 23.03 with a 50 day moving average of 20.80

WisdomTree Investments (WETF)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Weighted Alpha of 96.51+
• Trend Spotter buy  signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 5.87% in the last month
• Relative Strength Index 56.40%
• Barchart computes a technical support level at 22.33%
• Recently traded at 23.10 with a 50 day moving average of 21.67

Manhattan Associates (MANH)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Weighted Alpha of 96.48+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 2.29% in the last month
• Relative Strength Index 61.06%
• Barchart computes a technical support level at 61.50%
• Recently traded at 61.63 with a 50 day moving average of 58.04

Wisdomtree Investments - Barchart's Chart of the Day

Wisdomtree Investments (WETF) is the Barchart Chart of the Day.  The investment information and money management company has a Trend Spotter buy signal, a Weighted Alpha of 82.60+, gained 55.37% in the last year and paid a 1.69% dividend.

The Chart of the Day is Wisdomtree Investments (WEFT).  I found the stock by sorting the All Time High list for the stocks with the best technical buy signals, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/20 the stock gained 34.59%

Wisdomtree Investments is an information services company that publishes and markets Individual Investor magazine and Individual Investor's Special Situations Report. In addition, the Company, through wholly owned subsidiaries, is the investment manager of private investment funds.

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:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 14.41% in the last month
• Relative Strength Index 80.13%
• Barchart computes a technical support level at 20.40
• Recently traded at 21.83 with a 50 day moving average of 18.06

Fundamental factors:

• Market Cap $2.91 billion
• P/E 51.11
• Dividend yield 1.9%
• Revenue expected to grow 3960% this year and another 23.40% next year
• Earnings estimated to increase 40.50% this year, an additional 38.50% next year and continue to increase at an annual rate of 24.97% for the next 5 years
• Wall Street analysts issued 4 strong buy, 5 buy and 2 hold recommendations on the stock

The 50- 100 Day MACD Oscillator has been an effective technical trading strategy for this stock and should be continued to be used for entry and exit points.

WisdomTree Investments - Barchart's Chart of the Day

Summary;

WisdomTree Investments (WETF) is the Chart of the Day.  This popular investment management company has 100% technical buy signals and rose 9 time for a gain of 23.34% in the last month.

Article:

The Chart of the Day is WisdomTree Investments (WETF).  The stock has a Trend Spotter buy signal and 100% technical buy signals.  Since the Trend Spotter signaled a buy on 4/25 the stock is up 21.21%.  We found the stock by sorting the New High List for stock with the highest technical buy signals.

It operates as an exchange-traded funds (ETFs) sponsor and asset manager and offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index funds using its fundamentally weighted index methodology.

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:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 23.34% in the last month
• Relative Strength Index 71.85%
• Barchart computes a technical support level at 12.10
• Recently traded at 13.20 with a 50 day moving average of 10.81

Fundamental Factors:

• Market Cap $1.68 billion
• P/E 82.67
• Revenue projected to increase 76.60% this year and another 39.00% next year
• Earnings estimated to grow 227.30% this year, 36.10% next year and continue to compound at the annual rate of 62.70 for the next 5 years
• Wall Street analysts issued 4 strong buy and 1 hold recommendation
• Financial Strength B+

Hold till the stock drops below its 50 day moving average,

Wisdom Tree Investments (WETF) Barchart Chart of the Day

Barchart.coms Chart of the Day - WisdomTree Investments (WETF)

Barchart Research Team - Barchart.com - Thu Aug 25, 6:38PM CDT

Related Stocks

WETF - Wisdomtree Invstmnts

Sym	Last	Chg	Pct
WETF	8.41	-0.20	-2.32%

The "Chart of the Day" is WisdomTree Investments (WETF), which showed up on Thursday's Barchart "Nasdaq 12-month High" list. WisdomTree on Thursday rallied sharply by 7.49% and posted a new all-time high. TrendSpotter has been Long on WisdomTree since Aug 12 at $8.05. In recent news on the stock, Piper Jaffray on Thursday initiated coverage on WisdomTree with an Overweight rating and a target of $9.75. WisdomTree Investments, with a market cap of $927 million, is an asset management firm that sponsors exchange-traded funds and other financial products.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for Nasdaq 12-month highs. A new 12-month high is a popular sign of upside momentum. We then clicked on the "12-Month # Highs" column heading twice in order to sort the list in ascending order. Stocks with the fewest number of 12-month highs over the past 12 months are stocks that have only recently broken out to a new 12-month high and may have better upside potential then stocks that have already rallied sharply and have posted many new 12-month highs.
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.

• TrendSpotter: Buy
• Short-Term Indicators: 100% Buy
• Medium-Term Indicators: 100% Buy
• Long-Term Indicators: 100% Sell
• Overall Average 100% Buy

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