Today I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the 5 best Mid Caps for Momentum Investors. First I sorted by the most frequent number of new highs in the last month, then again for technical buy signals of over 80%. Next I used the Flipchart feature to review the charts for consistency. Today’s watch list additions include:
UGI Corp (NYSE: UGI), IDEXX Laboratories (Nasdaq: IDXX), CDK Global (Nasdaq: CDK), Gartner (NYSE: IT), and Arthur L Gallagher (NYSE: AJG)
UGI Corp
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 7.55% in the last month
- Relative Strength Index 68.24%
- Technical support level at 42.92
- Recently traded at 43.43 with a 50 day moving average of 40.95
IDEXX Laboratories
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 9.94% in the last month
- Relative Strength Index 69.81%
- Technical support level at 88.95
- Recently traded at 90.07 with 50 day moving average of 82.72
CDK Global
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up14.87% in the last month
- Relative Strength Index 80.66%
- Technical support level at 54.03
- Recently traded at 55.16 with a 50 day moving average of 48.81
Gartner
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 16.24% in the last month
- Relative Strength Index 76.66%
- Technical support level at 101.02
- Recently traded at 102.35 with a 50 day moving average of 91.57
Arthur J Gallagher
Barchart technical indicators:
