Not only does Value Line provide analysis of 1700 larger more popular stocks but they also offer a Small & Mid Cap Survey offering analysis of 1800 smaller stocks. One of their screens sorts all those stocks into percentiles of price growth persistence over the last 10 year period. Today I used the Value Line screener to sort those smaller stocks by stocks that were in the 80 – 100 percentile range and then used Barchart to see which stock currently had upward momentum as indicated by Barchart’s technical buy indicators.
The top 5 were Home Bancshares (NASDAQ:HOMB), Littelfuse (NASDAQ:LFUS), Primerica (NYSE:PRI), First Interstate Bancsystem (NASDAQ:FIBK) and Bank of the Ozarks(NASDAQ:OZRK).
Home Bancshares
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 14.06% in the last month
Relative Strength Index 69.62%
Barchart computes a technical support level at 45.17
Recently traded at 46.85 with a 50 day moving average of 41.21
Littelfuse
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
11 new highs and up 21.91% in the last month
Relative Strength Index 76.66%
Barchart computes a technical support level at 108.51
Recently traded at 113.30 with a 50 day moving average of 94.54
Primerica
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 7.67% in the last month
Relative Strength Index 66.19%
Barchart computes a technical support level at 50.71
Recently traded at 51.52 with a 50 day moving average of 46.40
First Interstate Bancsystem
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
11 new highs and up 7.42% in the last month
Relative Strength Index 65.88%
Barchart computes a technical support level at 29.46
Recently traded at 29.95 with a 50 day moving average of 27.77
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