5 Small Caps For Momentum Investors - Monday, January 16
Today I wanted to find 5 Small Cap stocks with great current momentum so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more. Today's Watch List includes:
Almost Family (Nasdaq: AFAM), Capstead Mortgage (NYSE: CMO), Ultratech (Nasdaq: UTEK), Veritiv (NYSE: VRTV) and Lumos Networks (Nasdaq: LMOS)
Almost Family
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 16.11% in the last month
- Relative Strength Index 71.21
- Technical support level at 46.57
- Recently traded at 47.20 with a 50 day moving average of 42.56
Capstead Mortgage
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 4.50% in the last month
- Relative Strength Index 5996%
- Technical support level at 10.59
- Recently traded at 10.69 with a 50 day moving average of 10.20
Ultratech
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 8.53% in the last month
- Relative Strength Index 71.67%
- Technical support level at 24.90
- Recently traded at 25.20 with a 50 day moving average of 23.22
Veritiv
Barchart technical indicators:
- 100% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 13 new highs and up 12.79% in the last month
- Relative Strength Index 65.16%
- Technical support level at 57.72
- Recently traded at 58.20 with a 50 day moving average of 52.10
Lumos Network
Barchart technical indicators:
- 80% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 an d100 day moving averages
- 12 new highs and up 9.57% in the last month
- Relative Strength Index 65.25%
- Technical support level at 16.27
- Recently traded at 16.38 with a 50 day moving average of 15.02
Disclosure: None.