I wanted to find 5 Small Cap stocks that might be of interest to Momentum Investors so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. Today’s Watch List includes: Masimo (MASI), Select Comfort (SCSS), Ebix (EBIX), Integer (ITGR) and Nutrisystem (NTRI)
Masimo
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 24.59% in the last month
Relative Strength Index 92.87%
Technical support level at 93.33
Recently traded at 94.19 with a 50 day moving average of 76.91
Select Comfort
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 22.71% in the last month
Relative Strength Index 66.25%
Technical support level at 23.52
Recently traded at 24.20 with a 50 day moving average of 21.91
Ebix
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 12.78% in the last month
Relative Strength Index 74.85%
Technical support level at 63.37
Recently traded at 64.00 with a 50 day moving average of 58.52
Integer
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 14.74% in the last month
Relative Strength Index 68.59%
Technical support level at 36.67
Recently traded at 37.75 with a 50 day moving average of 32.96
Nutrisystem
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 45.16% in the last month
Relative Strength Index 84.86%
Technical support level at 48.37
Recently traded at 48.50 with a 50 day moving average of 36.80
