Any Bright Spots In Small Caps?
Small Caps have been under performing the overall market lately. The S&P 600 Small Cap Index is down 11.17% from its previous high on July 1. The Weighted Alpha of the Index is -3.87 and the Relative Strength Index is only 29.36%. Are there any bright spots here?
I used Barchart to sort the stock in the Index first for the highest technical buy signals, then I used the Flipchart feature to find the charts I liked. Today's list includes Vicor Corp (NASDAQ:VICR), Caseys General Stores (NASDAQ:CASY), Treehouse Foods (NYSE:THS), ICU Medical (NASDAQ:ICUI) and DTS Inc (NASDAQ:DTSI):
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 7 new highs and up 19.05% in the last month
- Relative Strength Index 64.06%
- Barchart computes a technical support level at 72.69
- Recently traded at 74.54 with a 50 day moving average of 70.23
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 5.63% in the last month
- Relative Strength Index 69.81%
- Barchart computes a technical support level at 72.69
- Recently traded at 74.54 with a 50 day moving average of 70.23
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 4 new highs and up 2.06% in the last month
- Relative Strength Index 63.05%
- Barchart computes a technical support level at 82.42
- Recently traded at 83.40 with 50 day moving average of 79.97
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 5.52% in the last month
- Relative Strength Index 61.58%
- Barchart computes a technical support level at 64.16
- Recently traded at 65.80 with a 50 day moving average of 62.14
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 8.91% in the last month
- Relative Strength Index 66.07%
- Barchart computes a technical support level at 25.01
- Recently traded at 25.94 with a 50 day moving average of 22.79
Disclosure: None