5 Mid Caps For Momentum Investors

One of the best ways Momentum investors can find stocks before others do is to screen for short term momentum signals. Today I used Barchart to sort the S&P 400 Mid Cap Index stock first for the most number of new highs in the last month, then again for a Trend Spotter buy signal. Next I used the Flipchart feature to review the charts.

Today's list includes: Copart (Nasdaq: CPRT), Telephone and Data Systems (NYSE: TDS), Alexandria Real Estate Equities (NYSE: ARE), NCR Corp (NYSE: NCR) and Corporate Office Properties (NYSE: OFC).

Copart

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • 18 new highs and up 16.68% in the last month
  • Relative Strength Index 74.90%
  • Technical support level at 40.01
  • Recently traded at 40.59 with a 50 day moving average of 36.05

Telephone and Data Systems

Barchart technical indicators:

  • 72% technical buy signals
  • Trend Spotter buy signal
  • 18 new highs and up 18.38% in the last month
  • Relative Strength Index 66.49%
  • Technical support level at 27.15
  • Recently traded at 27.60 with a 50 day moving average of 24.42

Alexandria Real Estate Equities

Barchart technical indicators:

  • 56% technical buy signals
  • Trend Spotter buy signal
  • 17 new highs and up 20.06% in the last month
  • Relative Strength Index 75.02%
  • Technical support level at 83.27
  • Recently traded at 86.35 with a 50 day moving average of 79.70

NCR Corp

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • 17 new highs and up 37.42% in the last month
  • Relative Strength Index 69.13%
  • Technical support level at 26.02
  • Recently traded at 26.51 with a 50 day moving average of 22.18

Corporate Office Properties

Barchart technical indicators:

  • 96% technical buy signal
  • Trend Spotter buy signal
  • 16 new highs and up 20.52% in the last month
  • Relative Strength Index 74.11%
  • Technical support level at 25.03
  • Recently traded at 25.24 with a 50 day moving average of 22.56

Disclosure: None.

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