My 5 Favorite Mid Cap Stocks

Today I wanted to find 5 Mid Cap Stocks that not only made great returns in the last year but still seemed to have some more upside momentum. I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.

Next I used the Flipchart feature to make sure they consistently traded above their 20, 50 and 100 day moving averages.

My watch-list today includes: Take-Two Interactive, IPG Photonics, Cognex, First Solar and NVR.

Take-Two Interactive (TTWO)

Barchart technical indicators:

  • 149.15+ Weighted Alpha
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 12.32% in the last month
  • Relative Strength Index 67.54%
  • Technical support level at 113.61
  • Recently traded at 115.24 with a 50 day moving average of 103.82

IPG Photonics (IPGP)

Barchart technical indicators:

  • 141.76+ Weighted Alpha
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 15.42% in the last month
  • Relative Strength index 73.08%
  • Technical support level at 214.81
  • Recently traded at 222.44 with a 50 day moving average of 194.42

Cognex (CGNX)

Barchart technical indicators:

  • 137.52+ Weighted Alpha
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 16.38% in the last month
  • Relative Strength Index 79.45%
  • Technical support level at 133.07
  • Recently traded at 136.49 with a 50 day moving average of 118.15

First Solar (FSLR)

Barchart technical indicators:

  • 124.11+ Weighted Alpha
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 29.35% in the last month
  • Relative Strength Index 68.48%
  • Technical support level at 59.88
  • Recently traded at 61.71 with a 50 day moving average of 50.30

NVR Inc (NVR)

Barchart technical indicators:

  • 108.33+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 13.25% in the last month
  • Relative Strength Index 68.15%
  • Technical support level at 3234.94
  • Recently traded at 3291.55 with a 50 day moving average of 2970.65

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

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