5 Great Mid & Small Capss with Momentun

This morning I decided to use two of the best sources of investment information I know and team up the power of both.  I have read and been fascinated with Value Line for almost 50 years.  When I discovered my college had a subscription I went and read each new issue and have ever since  About 10 years ago I was reading a Forbes article called Best of the Web and it rated Barchart as one of the best data sources on technical stock market investing.  To this day I use both.

This morning I took the stocks Value Line Small & Mid Cap Investment Survey rated 1 and 2.  This Suvery has a data base of about 3800 stocks with a capitalization between $6 million and $8.75 billion and give relative weighting to about 1800 of them. That equals the quartile that Value Line estimates will have the best chance for relative price appreciation and ran them through Barchart to find which ones had the highest Barchart technical buy signals, then used its Flipchart feature to review the charts.

When I use a list from a reliable source of those predicted to have the best momentum and filter it through another reliable source to  find which is presently having the best momentum I should end up with some great stocks to consider.

The list today includes: Cosi Inc (COSI), Citizens Holdings (CIZN), Netlist (NLST), Shore Bancshares (SHBI) and Orbcomm (ORBC).

Cosi Inc (COSI)

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 57.34% in the last month
• Relative Strength Index 83.17%
• Technical support level at .77
• Recently traded at .96 with a 50 day moving average of .59

Citizens Holdings (CIZN)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 3.29% in the last month
• Relative Strength Index 60.74%
• Technical support level at 23.85
• Recently traded at 23.89 with a 50 day moving average of 22.76

Netlist (NLST)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 43.08%
• Relative Strength Index 71.55%
• Technical support level at 1.17
• Recenlty traded at 1.47 with a 50 day moving average of 1.06

Shore Bancshares (SHBI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 5.06% in the last month
• Relative Strength Index 64.20%
• Technical support level at 11.26
• Recently traded at 11.83 with a 50 day moving average of 11.13

Orbcomm (ORBC)

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 31.12% in the last month
• Relative Strength Index 82.29%
• Technical support level at 8.55%
• Recently traded at 9.48 with a 50 day moving average of 7.80

My 5 Favorite Small Caps

This morning I used Barchart to sort the stocks that Value Line Investment Survey Small & Mid Cap ranked 1&2 first for the highest technical buy signals, then I used the Flipchart feature to review the charts.  Today's featured stocks are:

Hooker Furniture (HOFT), Orbcomm (ORBC), CUI Global (CUI), Alpha & Omega Semiconductor (AOSL) and Jones Soda (JSDA)

Hooker Furniture (HOFT)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 6.89% in the last month
• Relative Strength Index 63.74%
• Technical support level at 28.59
• Recently traded at 29.65 with a 50 day moving average of 27.34

Orbcomm (ORBC)

Barchart technical indicators:

• 100% Technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 18.19% in the last month 
• Relative Strength Index 75.29%
• Technical support level at 8.12
• Recently traded at 8.51 with a 50 day moving average of 7.27

CUI Global (CUI)

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 32.52% in the last month
• Relative Strength Index 65.47%
• Technical support level at 7.84
• Recently traded at 8.64 with a 50 day moving average of 7.17

Alpha & Omega Semiconductor (AOSL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 39.48% in the last month
• Relative Strength Index 77.27%
• Technical support level at 11.02
• Recently traded at 11.87 with a 50 day moving average of 9.56

Jones Soda (JSDA)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages'
• 15 Ne highs and up 46.25% in the last month
• Relative Strength Index 81.44%
• Technical support level at .5417
• Recently traded at .5850 with a 50 day moving average of .4331

Orbcomm - ORBC - sell signals

This morning I deleted Orbcomm (ORBC) from the Barchart Van Meerten Speculative portfolio for negative price momentum:

Barchart technical indicators:

• 88% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• Down 17.03% in the last month
• 22.28% off its 1 year high
• Relative Strength Index 28.74%

Orbcomm

Today I added Orbcomm (ORBC) to the Barchart Van Meerten Speculative portfolio for positive price momentum:

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• 10 new highs and up 13.62% in the last month
• Above its 20, 50 and 100 day moving averages
• Relative Strength Index 64.70% and rising
• Barchart computes a technical support level at 3.10
• Recently traded at 3.17 with a 50 day moving average of 2.76

Orbcomm - ORBC - sell signal

Today on Barchart I detected sell signals on Orbcomm (ORCB) and deleted it from the Barchart Van Meerten Speculative portfolio.

Technical Factors:

• 80% Barchart short term technical sell signals
• Trend Spotter sell signal
• 22.43% off its recent high
• Trading below its 20, 50 and 100 day moving averages
• Relative Strength Index 38.35% and falling

Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on  Barchart.com  in his daily blog -- Barchart Portfolio Blogs.