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5 Momentum Stocks

|Includes:Charter Financial Corp. (CHFN), GSH, PCRX, RSE, SAN

Today I screened the stocks hitting new monthly highs and then sorted for frequency. Next I used to Flipchart function to find the charts I liked. My list includes Charter Financial (NASDAQ:CHFN), Rouse Properties (NYSE:RSE),Guangshen Railway (NYSE:GSH), Pacira Pharmaceuticals (NASDAQ:PCRX) and Banco Santander (NYSE:SAN):

Charter Financial (CHFN)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 8.48% in the last month
  • Relative Strength Index 73.11%
  • Barchart computes a technical support level at 10.65
  • Recently traded at 11.00 with a 50 day moving average of 9.96


Rouse Properties (RSE)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 16.22% in the last month
  • Relative Strength Index 87.50%
  • Barchart computes a technical support level at 17.59
  • Recently traded at 17.98 with a 50 day moving average of 15.76


Guangshen Railway (GSH)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 18.52% in the last month
  • Relative Strength Index 82.16%
  • Barchart computes a technical support level at 20.37
  • Recently traded at 20.80 with a 50 day moving average of 17.87


Pacira Pharmaceuticals (PCRX)

Barchart technical indicators:

 

  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 17.35% in the last month
  • Relative Strength Index 78.58%
  • Barchart computes a technical support level at 18.07
  • Recently traded at 18.87 with a 50 day moving average of 16.53


Banco Santander (SAN)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 14.91% in the last month
  • Relative Strength Index 77.07%
  • Barchart computes a technical support level at 8.62 with a 50 day moving average of 7.65
Stocks: CHFN, RSE, GSH, PCRX, SAN