I wanted to find the 5 small cap stocks with the best current momentum so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.
The list today includes Quality Systems (NASDAQ: QSII), Electro Scientific Industries (NASDAQ: ESIO), New Jersey Resources (NYSE: NJR), Healthcare Realty Trust (NYSE : HR), and Francesca’s Holdings (NASDAQ: FRAN).
Quality Systems
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 7.84% in the last month
- Relative Strength Index 65.30%
- Technical support level at 16.46
- Recently traded at 17.07 with a 50 day moving average of 15.44
Electro Scientific Industries
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 5.80% in the last month
- Relative Strength Index 61.30%
- Technical support level at 5.15
- Recently traded at 5.47 with a 50 day moving average of 5.11
New Jersey Resources
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 14.64% in the last month
- Relative Strength Index 67.53%
- Technical support level at 33.34
- Recently traded at 34.01 with a 50 day moving average of 30.89
Healthcare Realty Trust
Barchart technical indicators:
- 88% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 4.31% in the last month
- Relative Strength Index 59.75
- Technical support level at 28.12
- Recently traded at 28.33 with a 50 day moving average of 26.99
Francesca’s Holdings
Barchart technical indicators: