• The best mid cap sector is technology.
• The top mid cap industry application software.

The average score for mid cap stocks in our universe is 56.06 and the average score over the past four weeks is 64.76. IMPORTANT: Scores have rolled to reflect second quarter seasonality.

The average mid cap stock in our universe is trading -15.85% below its 52 week high, 2.36% above its 200 dma, has 5.92 days to cover held short, and is expected to grow its EPS by 17.4% in the coming year.

After updating seasonality, the top scoring mid cap sectors are technology, utilities, healthcare, industrials, and consumer goods. Services, basics, and financials drop to below average.

The following are the top and bottom scoring mid cap stocks this week. 

Healthcare has historically been the best sector for seasonal upside in the second quarter. 

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The following chart shows historical mid cap scores. Scores have fallen on the shift to weaker second quarter seasonality. 

After shifting to second quarter seasonality, the best scoring mid cap industries are application software (PAYC, SHOP, FTNT), technical & system software (CDNS, MENT), residential construction (NVR, KBH), medical instruments (PKI, HRC, NUVA, TFX), and business software (PEGA, AZPN). 

Specialty chemicals (NEU), independent oil & gas (RICE), and synthetics (POL) score above the universe average in basic materials. The top baskets in consumer goods are processed & packaged goods (LNCE, FLO), textiles (WWW), and auto parts (DORM, CLC). In financials, focus on accident & health insurance (CNO). Medical instruments, medical appliances (ALGN, GMED) and healthcare plans (CNC) are top scoring in healthcare. In industrials, the best baskets are residential construction and industrial electrical (AOS). Concentrate on education (DV) and movies (CNK) in services. Application software, technical & system software, and business software are top scoring in technology. Gas utilities (NJR) are also strong scoring.