As I write this post the majority of stocks in the Barchart data base are still trading under their 20, 50 and 100 day moving averages. The percentage of those trading above:
28.83% – above the 20 DMA
15.89% – above the 50 DMA
18.04% – above the 100 DMA
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. Today’s list includes Laclede Group (NYSE:LG), Francesca’s (Nasdaq:FRAN), Electo Scientific Industries (Nasdaq:ESIO), Coresite Realty (NYSE:COR) and Agree Realty (NYSE:ADC).
Laclede Group
Barchart technical indicators:
100% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
3 new highs and up 2.31% in the last month
Relative Strength Index 65.58%
Technical support level at 59.18
Recently traded at 61.61 with a 50 day moving average of 58.39
Francesca’s
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
3 new highs and up 3.08% in the last month
Relative Strength Index 59.81%
technical support level at 17.58
Recently traded at 18.03 with a 50 day moving average of 16.32
Electro Scientific Industries
Barchart technical indicators:
100% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
5 new highs and up 8.47% in the last month
Relative Strength Index 65.86%
Technical support level at 5.60
Recently traded at 5.76 with a 50 day moving average of 5.23
Coresite Realty
Barchart technical indicators:
96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
6 new highs and up 8.19% in the last month’
Relative Strength Index 66.63%
Technical support level at 60.15
Recently traded at 62.18 with a 50 day moving average of 57.90
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