Each week Value Line publishes a list of the 400 Small and Mid Cap stocks they feel have the best chance of relative price appreciation from the 3800 stocks in their data base. I have run these 400 through the Barchart technical indicators to find the stocks with the highest technical buy signals.

Today's list includes Axcelis Technologies (NASDAQ:ACLS), Ebix Inc (NASDAQ:EBIX), Canadian Solar (NASDAQ:CSIQ), Digital Ally (NASDAQ:DGLY) and FNB Corp (NYSE:FNB).

Axcelis Technologies

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 17.80% in the last month
• Relative Strength Index 74.27
• Barchart computes a technical support level at 2.98
• Recently traded at 3.11 with a 50 day moving average of 2.64

Ebix Inc

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 13.04% in the last month
• Relative Strength Index 69.32%
• Barchart computes a technical support level at 29.85
• Recently traded at 32.55 with a 50 day moving average of 28.91

Canadian Solar

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 11.44% in the last month
• Relative Strength Index 64.87%
• Barchart computes a technical support level at 37.50
• Recently traded at 39.29 with a 50 day moving average of 34.87

Digital Ally

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 28.21% in the last month
• Relative Strength Index 68.20%
• Barchart computes a technical support level at 15.90
• Recently traded at 18.36 with a 50 day moving average of 13.75

FNB Corp

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20 50 and 100 day moving averages
• 5 new highs and up 1.28% in the last month
• Relative Strength Index 59.60%
• Barchart computes a technical support level at 13.12
• Recently traded at 13.44 with a 50 day moving average of 13.13