5 Mid Caps For Momentum Investors - Wednesday, April 19

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:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 10.37% in the last month
  • Relative Strength Index 71.79%
  • Technical support level at 22.19
  • Recenlty traded at 22.03 with a 50 day moving average of 20.29

Disclosure: None.

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