5 Small Caps For Momentum Investors - May 29, 2016

I screened S&P 600 Small Cap Index stocks to find 5 great stocks for momentum investors. First I sorted for the highest frequency of new highs in the last month then again for technical buy signals of 80% or better. I then reviewed the charts for consistency. Today's additions to the Watch List are:

Insperity (NYSE:NSP), MOOG (NYSE:MOG.A), Sanmina (NASDAQ:SANM), WD 40 (NASDAQ:WDFC) and John Bean Technologies (NYSE:JBT)

Insperity

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 34.89% in the last month
  • Relative Strength Index 76.40%
  • Technical support level at 69.94
  • Recently traded at 71.17 with a 50 day moving average of 57.88


MOOG

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 16.14% in the last month
  • Relative Strength Index 70.44%
  • Technical support level at 53.73
  • Recently traded at 54.48 with a 50 day moving average of 48.21


Sanmina

Barchart technical indicators:

  • 96% technical buy signals
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 10.07% in the last month
  • Relative Strength Index 71.52%
  • Technical support level at 25.87
  • Recently traded at 26.46 with a 50 day moving average of 23.58


WD40

, Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 9.24% in the last month
  • Relative Strength Index 66.62%
  • Technical support level at 110.59
  • Recently traded at 111.56 with a 50 day moving average of 105.84


John Bean Technologies

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 15.75% in the last month
  • Relative Strength Index 61.47%
  • Technical support level at 59.26
  • Recently traded at 60.70 with a 50 day moving average of 56.54

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.