The 5 Best Mid Caps - August 6, 2015

Today I wanted to find the 5 best Mid Cap stocks so I used Barchart to sort the S&P 400 Mid Cap Index stocks for the ones with the highest Weighted Alpha then selected those with current Barchart Technical Buy Signals of at least 80% or better.

Today's list includes Skechers (NYSE:SKX), WisdomTree Investments (NASDAQ:WETF), Molina Healthcare (NYSE:MOH), Acuity Brands (NYSE:AYI) and Alaska Air (NYSE:ALK).

Skechers

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • 215.50+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 32.65%
  • Relative Strength Index 76.12%
  • Barchart computes a technical support level at 153.00
  • Recently traded at 154.06 with a 50 day moving average of 119.15

WisdomTree Investments

Barchart technical indicators:

  • 88% Barchart technical buy signals
  • 112.50+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 11.30% in the last month
  • Relative Strength Index 56.67%
  • Barchart computes a technical support level at 24.87
  • Recently traded at 24.41 with a 50 day moving average of 22.64

Molina Healthcare

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • 86.50+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 8.13% in the last month
  • Relative Strength Index 63.46%
  • Barchart computes a technical support level at 74.47
  • Recently traded at 205.01 with a 50 day moving average of 187.95

Acuity Brands

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • 81.50+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 9.66% in the last month
  • Relative Strength Index 72.78%
  • Barchart computes a technical support level at 204.33
  • Recently traded at 205.01 with a 50 day moving average of 187.95

Alaska Air

Barchart technical indicators:

  • 96% Barchart technical by signals
  • 78.30+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 17.47 in the last month
  • Relative Strength Index 67.52%
  • Barchart computes a technical support level at 76.99
  • Recently traded at 77.76 with a 50 day moving average of 68.66

Disclosure: None.

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