Today I wanted to find 5 Mid Cap stocks that would be of interest to Momentum Investors. I used Barchart to sort the S&P 400 Mid 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. It just so happened that the best 5 were all REITs.
Today’s Watch List includes: Healthcare Realty Trusts (HR), Omega Healthcare Investors (OHI), Duke Realty (DRE), Medical Properties Trust (MPW) and Senior Housing Properties Trust (SNH).
Healthcare Realty Trust
Barchart technical indicators:
96% technical buy signals
Trend Spotter signal
Above its 20, 50 and 100 day moving averages
18 new highs and up 8.73% in the last month
Relative Strength Index 74.25%
Technical support level at 33.80
Recently traded at 33.89 with a 50 day moving average of 31.75
Omega Healthcare Investors
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 10 day moving averages
18 new highs and up 10.15% in the last month
Relative Strength Index 79.33%
Technical support level at 34.38
Recently traded at 34.87 with a 50 day moving average of 32.45
Duke Realty
Barchart technical indicators:
88% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 8.20% in the last month
Relative Strength Index 68.08%
Technical support level at 27.80
Recently traded at 27.68 with a 50 day moving average of 26.01
Medical Properties Trust
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 13.70% in the last month
Relative Strength Index 78.30%
Technical support level at 14.09
Recently traded at 14.11 with a 50 day moving average of 13.05
Senior Housing Properties Trust
Barchart technical indicators:
