The 5 Best Small Caps For June 5

I wanted to find Friday’s 5 best small cap stocks so I used Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the best technical trading signals, then used the Flipchart feature to review the charts.

Today’s list includes:

• Wilshire Bancorp (WIBC)
• Texas Capital Bancshares (TCBI)
• Steve Madden (SHOO)
• Privatebancorp (PVTB)
• Pinnacle Financial Partners (PNFP).

WIBC

Barchart technical indicators:

 

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 10.24% in the last month
• Relative Strength Index 76.84%
• Barchart computes a technical support level at 11.27
• Recently traded at 11.67 with a 50 day moving average of 10.57

Texas Capital Bancshares

Barchart technical indicators:

 

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 6.67% in the last month
• Relative Strength Index 67.30%
• Barchart computes a technical support level at 55.36
• Recently traded at 57.09 with a 50 day moving average of 52.30

Steve Madden

Barchart technical indicators:

 

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 3.27% in the last month
• Relative Strength Index 61.07%
• Barchart computes a technical support level at 39.27
• Recently traded at 40.45 with a 50 day moving average of 38.80

Privatebancorp

Barchart technical indicators:

 

• 100% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 5.92% in the last month
• Relative Strength Index 63.68%
• Barchart computes a technical support level at 38.33
• Recently traded at 39.35 with a 50 day moving average of 37.15

Pinnacle Financial Partners