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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • 3 Small Cap Picks 0 comments
    Oct 24, 2012 9:21 AM | about stocks: WIRE, USTR, TTC

    Today I sorted the S&P Small Cap 600 index stocks to find the 3 with the best Barchart technical indicators and charts. Near the top of the list were Encore Wire Corporation (NASDAQ:WIRE), United Stationers (NASDAQ:USTR) andToro Company (NYSE:TTC):

    Encore Wire Corporation (WIRE)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 8 new highs and up 4.14% in the last month
    • Relative Strength Index 70.78%
    • Barchart computes a technical support level at 30.10
    • Recently traded at 30.91 with a 50 day moving average of 29.54


    United Stationers (USTR)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 andn100 day moving averages
    • 4 new highs and up 6.73% in the last month
    • Relative Strength Index 80.30%
    • Barchart computes a technical support level at 26.20
    • Recently traded at 29.35 with a 50 day moving average of 26.12


    Toro Company (TTC)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 8 new highs and up 6.06% in the last month
    • Relative Strength Index 65.79%
    • Barchart computes a technical support level at 39.60
    • Recently traded at 41.86 with a 50 day moving average of 39.06


    MORE STOCK PICKS

    Stocks: WIRE, USTR, TTC
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