I have been asked the same question many, many times: Why couldn’t you find these stocks much earlier? Well I’m listening and now using Barchart to find stocks much earlier by using more short term screening criteria. Today I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest number of new highs in the last month, then again for a Trend Spotter buy signal. Next I reviewed the charts using the Flipchart feature.
Today’s watch list includes: Cantel Medical (NYSE:CMN), Cash America International (NYSE:CSH), Hawaiian Holdings (NASDAQ:HA), Parkway Properties (NYSE:PKY) and Cousins Properties (NYSE:CUZ)
Cantel Medical
Barchart technical indicators:
17 new highs and up 20.53% in the last month
Trend Spotter buy signal
80% short term technical buy signals
Relative Strength Index 74.21
Recently traded at 70.54 with a technical support level at 71.01
Cash America International
Barchart technical indicators:
16 new highs and up 21.73% in the last month
Trend Spotter buy signal
60% short term technical buy signals
Relative Strength Index 72.31%
Recently traded at 36.63 with a technical support level at 36.22
Hawaiian Holdings
Barchart technical indicators:
15 new highs and up 24.96% in the last month
Trend Spotter buy signal
80% short tern technical buy signals
Relative Strength Index 71.97%
Recently traded at 45.00 with a technical support at 43.38
Parkway Properties
Barchart technical indicators:
15 new highs and up 19.27% in the last month
Trend Spotter buy signal
80% short term technical buy signals
Relative Strength Index 66.20%
Recently traded at 14.74 with a technical support level at 14.60
Cousins Properties
Barchart technical indicators:
14 new highs and up 19.57% in the last month
Trend Spotter buy signal
80% short term technical buy signals
Relative Strength Index 74.15%
Recently traded at 9.91 with a 50 day moving average of 9.70