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If you’re looking for stocks exhibiting technical momentum to the upside, you may be interested in this list.

We ran a screen on stocks exhibiting the “golden cross,” in which a stock’s 50-day moving average crosses above its 200-day MA. We screened these stocks for those with significant decreases in put/call over the last ten trading days, a bullish development.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.‬‬


We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think these stocks will continue moving higher? Use this list as a starting-off point for your own analysis.

List sorted by market cap.

1. Edison International (EIX): Engages in the supply of electric energy in central, coastal, and southern California. Market cap of $13.23B. SMA50 at $37.29 vs. SMA200 at $37.18 (current price at $40.60). Put/Call ratio changed from 0.59 to 0.38 between 10/17/11 to 10/28/11, a change of -35.59%. The stock has gained 13.38% over the last year.

2. Westar Energy, Inc. (WR): Engages in the generation, transmission, and distribution of electricity. Market cap of $3.16B. SMA50 at $26.23 vs. SMA200 at $25.79 (current price at $27.26). Put/Call ratio changed from 2.47 to 0.0 between 10/18/11 to 10/31/11, a change of -100.0%. The stock is a short squeeze candidate, with a short float at 11.03% (equivalent to 8.13 days of average volume). The stock has gained 13.21% over the last year.

3. CLARCOR Inc. (CLC): Provides filtration products, filtration systems and services, and consumer and industrial packaging products worldwide. Market cap of $2.44B. SMA50 at $43.94 vs. SMA200 at $43.62 (current price at $48.48). Put/Call ratio changed from 0.76 to 0.0 between 10/17/11 to 10/28/11, a change of -100.0%. Exhibiting strong upside momentum--currently trading 7.45% above its SMA20, 10.32% above its SMA50, and 11.15% above its SMA200. The stock has had a good month, gaining 17.5%.

4. CBOE Holdings, Inc. (CBOE): Intends to operate as the holding company for Chicago Board Options Exchange (CBOE), which operates as an organized marketplace for the trade of standardized, listed options on equity securities. Market cap of $2.37B. SMA50 at $25.45 vs. SMA200 at $25.40 (current price at $26.13). Put/Call ratio changed from 0.41 to 0.24 between 10/17/11 to 10/28/11, a change of -41.46%. The stock has gained 12.58% over the last year.

5. SolarWinds, Inc. (SWI): Designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software to IT professionals. Market cap of $2.10B. SMA50 at $23.26 vs. SMA200 at $23.03 (current price at $28.86). Put/Call ratio changed from 0.14 to 0.05 between 10/18/11 to 10/31/11, a change of -64.29%. Exhibiting strong upside momentum--currently trading 20.3% above its SMA20, 24.06% above its SMA50, and 25.31% above its SMA200. The stock has had a couple of great days, gaining 14.66% over the last week.

6. HMS Holdings Corp. (HMSY): Provides cost containment, coordination of benefits, and program integrity services. Market cap of $2.07B. SMA50 at $25.29 vs. SMA200 at $25.14 (current price at $24.44). Put/Call ratio changed from 1.12 to 0.28 between 10/17/11 to 10/28/11, a change of -75.0%. The stock is a short squeeze candidate, with a short float at 7.12% (equivalent to 8.9 days of average volume). It's been a rough couple of days for the stock, losing 11.51% over the last week.

7. Express Inc. (EXPR): Operates specialty retail stores in the United States. Market cap of $2.0B. SMA50 at $20.27 vs. SMA200 at $20.14 (current price at $22.59). Put/Call ratio changed from 0.26 to 0.10 between 10/17/11 to 10/28/11, a change of -61.54%. The stock has had a good month, gaining 11.34%.

8. ValueClick, Inc. (VCLK): Provides performance-based online advertising campaigns and programs primarily in the United States and the United Kingdom. Market cap of $1.39B. SMA50 at $16.02 vs. SMA200 at $15.99 (current price at $17.60). Put/Call ratio changed from 0.15 to 0.08 between 10/18/11 to 10/31/11, a change of -46.67%. The stock is a short squeeze candidate, with a short float at 12.27% (equivalent to 7.9 days of average volume). The stock has had a good month, gaining 13.11%.

9. Pier 1 Imports, Inc. (PIR): Operates as an importer and specialty retailer of imported decorative home furnishings and gifts in the United States, Canada, and Mexico. Market cap of $1.37B. SMA50 at $10.79 vs. SMA200 at $10.76 (current price at $12.51). Put/Call ratio changed from 0.51 to 0.26 between 10/17/11 to 10/28/11, a change of -49.02%. The stock has had a couple of great days, gaining 5.66% over the last week.

10. Knight Capital Group Inc. (KCG): Provides access to the capital markets across multiple asset classes to buy-and sell-side firms, and corporations, as well as offers capital markets services to corporate issuers and private companies primarily in the United States. Market cap of $1.24B. SMA50 at $12.76 vs. SMA200 at $12.59 (current price at $12.49). Put/Call ratio changed from 1.16 to 0.57 between 10/17/11 to 10/28/11, a change of -50.86%. It's been a rough couple of days for the stock, losing 6.3% over the last week.

11. Hibbett Sports, Inc. (HIBB): Operate sporting goods stores in small to mid-sized markets primarily in the southeast, southwest, Mid-Atlantic, and the Midwest regions of the United States. Market cap of $1.11B. SMA50 at $36.28 vs. SMA200 at $36.20 (current price at $41.19). Put/Call ratio changed from 0.97 to 0.22 between 10/17/11 to 10/28/11, a change of -77.32%. The stock is a short squeeze candidate, with a short float at 20.96% (equivalent to 13.49 days of average volume). The stock has had a couple of great days, gaining 5.89% over the last week.

12. Air Methods Corp. (AIRM): Provides air medical emergency transport services and systems in the United States. Market cap of $1.02B. SMA50 at $67.26 vs. SMA200 at $65.19 (current price at $80.82). Put/Call ratio changed from 1.25 to 0.28 between 10/17/11 to 10/28/11, a change of -77.60%. The stock is a short squeeze candidate, with a short float at 14.01% (equivalent to 15.92 days of average volume). Exhibiting strong upside momentum--currently trading 9.07% above its SMA20, 20.16% above its SMA50, and 23.97% above its SMA200. The stock has had a good month, gaining 26.94%.

13. Hornbeck Offshore Services, Inc. (HOS): Operates offshore supply vessels (OSVs), multi-purpose support vessels, and a shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production industry primarily in the United States and Gulf of Mexico. Market cap of $883.72M. SMA50 at $26.78 vs. SMA200 at $26.52 (current price at $32.84). Put/Call ratio changed from 0.64 to 0.17 between 10/17/11 to 10/28/11, a change of -73.44%. The stock is a short squeeze candidate, with a short float at 22.95% (equivalent to 8.28 days of average volume). The stock has had a couple of great days, gaining 5.09% over the last week.

14. magicJack VocalTec Ltd. (CALL): Telecom Services Industry. Market cap of $283.56M. SMA50 at $21.69 vs. SMA200 at $21.44 (current price at $24.70). Put/Call ratio changed from 4.67 to 0.49 between 10/17/11 to 10/28/11, a change of -89.51%. The stock is a short squeeze candidate, with a short float at 5.97% (equivalent to 9.2 days of average volume). Exhibiting strong upside momentum--currently trading 7.6% above its SMA20, 13.9% above its SMA50, and 15.22% above its SMA200. The stock has lost 24% over the last year.

*Author owns shares of EIX and has no plans to change his position in the next 72 hours. Options data sourced from Schaeffer’s, all other data sourced from Finviz.

Source: 14 Momentum Plays With Bullish Options Sentiment