Today I wanted to find the 5 best Mid Cap stocks so I used Barchart to sort the S&P 400 Mid Cap Index stocks for the ones with the highest Weighted Alpha then selected those with current Barchart Technical Buy Signals of at least 80% or better.
Today’s list includes Skechers (NYSE:SKX), WisdomTree Investments (NASDAQ:WETF), Molina Healthcare (NYSE:MOH), Acuity Brands (NYSE:AYI) and Alaska Air (NYSE:ALK).
Skechers
Barchart technical indicators:
- 96% Barchart technical buy signals
- 215.50+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 32.65%
- Relative Strength Index 76.12%
- Barchart computes a technical support level at 153.00
- Recently traded at 154.06 with a 50 day moving average of 119.15
WisdomTree Investments
Barchart technical indicators:
- 88% Barchart technical buy signals
- 112.50+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 11.30% in the last month
- Relative Strength Index 56.67%
- Barchart computes a technical support level at 24.87
- Recently traded at 24.41 with a 50 day moving average of 22.64
Molina Healthcare
Barchart technical indicators:
- 96% Barchart technical buy signals
- 86.50+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 8.13% in the last month
- Relative Strength Index 63.46%
- Barchart computes a technical support level at 74.47
- Recently traded at 205.01 with a 50 day moving average of 187.95
Acuity Brands
Barchart technical indicators:
- 96% Barchart technical buy signals
- 81.50+ Weighted Alpha
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 9 new highs and up 9.66% in the last month
- Relative Strength Index 72.78%
- Barchart computes a technical support level at 204.33
- Recently traded at 205.01 with a 50 day moving average of 187.95
