6 Great Low Priced Stocks

Last week I added 6 new stocks to the Barchart Van Meerten Speculative portfolio for superior price momentum. The portfolio is for stocks selling less than $10 a share that hit new highs in at least 50% of the trading sessions in the last month.This weeks list includes Hooper Holmes,American Lorain,Relms Wireless,Curis,Forcefield Energy and ECA Marcellus Trust:

Hooper Holmes (HH)

Barchart technical indicators:

  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 22.92% in the last month
  • Relative Strength Index 69.61%
  • Barchart computes a technical support level at .55
  • Recently traded at .59 with a 50 day moving average of .51

American Lorain (ALN)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 21 new highs and up 26.92% in the last month
  • Relative Strength Index 76.88%
  • Barchart computes a technical support level at 1.26
  • Recently traded at 1.32 with a 50 day moving average of 1.09

Relms Wireless (RWC)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 21.29% in the last month
  • Relative Strength Index 77.25%
  • Barchart computes a technical support level at 6.00
  • Recently traded at 6.21 with a 50 day moving average of 5.20

Curis (CRIS)

Barchart technical indicators:

  • 64% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 69.71% in the last month
  • Relative Strength Index 63.56%
  • Barchart computes a technical support level at 2.89%
  • Recently traded at 3.08 with a 50 day moving average of 1.96

Forcefield Energy (FNRG)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 15.25% in the last month
  • Relative Strength Index 94.24%
  • Barchart computes a technical support level at 7.41
  • Recently traded at 7.48 with a 50 day moving average of 6.76

ECA Marcellus Trust (ECT)

Barchart technical indicators:

  • 40% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 29.22% in the last month
  • Relative Strength Index 60.39%
  • Barchart computes a technical support level at 4.08
  • Recently traded at 4.29 with a 50 day moving average of 3.55

Disclosure: None.

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