5 Mid Caps For Momentum Investors - April 12, 2016
Today I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent new highs in the last month, then again for technical by signals of 80% or better. Next used the Flipchart feature to review the charts for consistency. Today's additional to the watch list include: RPM International (NYSE:RPM), Lenox International (NYSE:LII), Interdigital (Nasdaq:IDCC), Aaron's (NYSE:AAN), and Fortune Brands Home and Security (NYSE:FBHS)
RPM International
Barchart technical indicators:
- 80% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 11.29% in the last month
- Relative Strength Index 70.74%
- Technical support level at 56.52
- Recently traded at 57.23 with a 50 day moving average of 51.71
Lenox International
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 6.78% in the last month
- Relative Strength Index 78.46%
- Technical support level at 138.03
- Recently traded at 140.00 with a 50 day moving average of 128.31
Interdigital
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 6.01% in the last month
- Relative Strength Index 64.89%
- Technical support level at 53.20
- Recently traded at 56.03 with a 50 day moving average of 50.59
Aaron's Inc.
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter by signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 8.10% in the last month
- Relative Strength Index 65.57%
- Technical support level at 25.41
- Recently traded at 26.32 with a 50 day moving average of 23.52
Fortune Brands Home and Security
Barchart technical indicators:
- 80% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 11.29% in the last month
- Relative Strength Index 70.74%
- Technical support level at 56.52
- Recently traded at 57.19 with a 50 day moving average of 51.71
Disclosure: None.