Today I wanted to find 5 Mid Cap Stocks that might be of interest to Momentum Investors so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the past month, then again for technical buy signals of 80% or more. Today’s Watch List includes:
Align Technology (ALGN), Teleflex (TFX), Maximus (MMS), Black Hills (BKH) and Great Plains Energy (GXP).
Align Technology
Barchart technical indicators:
88% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 9.47% in the last month
Relative Strength Index 62.75%
Technical support level at 101.71
Recently traded at 102.74 with a 50 day moving average of 96.95
Teleflex
Barchart technical indicators:
80% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 13.46% in the last month
Relative Strength Index 77.00%
Technical support level at 191.68
Recently traded at 193.01 with a 50 day moving average of 171.90
Maximus
Barchart technical indicators:
88% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 9.28% in the last month
Relative Strength Index 62.28%
Technical support level at 60.23
Recently traded at 60.59 with a 50 day moving average of 57.26
Black Hills
Barchart technical indicators:
88% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 5.67% in the last month
Relative Strength Index 62.83%
Technical support level at 64.25
Recently trade at 64.53 with a 50 day moving average of 62.13
Great Plains Energy
Barchart technical indicators:
88% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 6.22% in the last month
Relative Strength Index 63.29%
Technical support level at 27.76Recently traded at 28.87 with a 50 day moving average of 27.72
