5 Small Caps For Momentum Investors - June 9, 2016
Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the 5 best small cap Momentum stocks. First I sorted for the most frequent new highs in the last month, then again for technical buy signals of 80% or more. Next I used the Flipchart feature to review the charts for consistency.
Today's watch list includes: Electronics for Imaging (Nasdaq: EFII), Qualys (Nasdaq: QLYS), LegacyTexas Financial Group (Nasdaq: LTXB), Taser International (Nasdaq: TASR), and US Silica (NYSE: SLCA).
Electronics for Imaging
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 18 new highs and up 18.16% in the last month
- Relative Strength Index 70.24%
- Technical support level at 44.14
- Recently traded at 45.16 with a 50 day moving average of 41.59
Qualys
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 23.98% in the last month
- Relative Strength Index 79.25%
- Technical support level at 31.85
- Recently traded at 32.22 with a 50 day moving average of 27.20
LegacyTexas Financial Group
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 15.61% in the last month
- Relative Strength Index 67.32%
- Technical support level at 27.76
- Recently traded at 27.65 with a 50 day moving average of 23.66
Taser International
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 25.43% in the last month
- Relative Strength Index 75.05%
- Technical support level at 22.91
- Recently traded at 23.34 with a 50 day moving average of 19.89
US Silica
Barchart technical indicators:
- 100% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 48.19% in the last month
- Relative Strength Index 80.67%
- Technical support level at 32.37
- Recently traded at 34.49 with a 50 day moving average of 25.89
Disclosure: None.