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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
  • 5 Mid Cap Picks 0 comments
    Jun 25, 2013 11:02 AM | about stocks: XLS, FMER, SBNY, CBOE, HMA

    Today I used Barchart to sort the S&P 400 Mid Cap Index for the stocks hitting the most frequent new highs then used to flipchart function to find the best charts. Never use just one indicator to select stocks - always sort by your favorite indicator the use the flipchart feature to flip through your results to find the stocks with positive charts. Today list includes Exelis (NYSE:XLS), Firstmerit (NASDAQ:FMER), Signature Bank (NASDAQ:SBNY), CBOE Holdings (NASDAQ:CBOE) and Health Management Associates (NYSE:HMA):

    Exelis (XLS)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 12 new highs and up 12.27% in the last month
    • Relative Strength Index 69.79%
    • Barchart computes a technical support level at 12.85
    • Recently traded at 13.33 with a 50 day moving average of 11.82


    Firstmerit (FMER)

    (click to enlarge)

    Barchart tehcnical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 11 new highs and up 7.52% in the last month
    • Relative Strength Index 65.00%
    • Barchart computes a technical support level at 19.10
    • Recently traded at 19.50 with a 50 day moving average of 18.00


    Signature Bank (SBNY)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 9 new highs and up 2.73% in the last month
    • Relative Strength Index 62.44%
    • Barchart computes a technical support level at 77.49
    • Recently traded at 62.44 with a 50 day moving average of 76.54


    CBOE Holdings (CBOE)

    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 10 new highs and up 19.39% in the last month
    • Relative Strength Index 63.60%
    • Barchart computes a technical support level at 18.95
    • Recently traded at 19.78 with a 50 day moving average of 16.98


    Health Management Associates (HMA)

    (click to enlarge)

    Barchart technical indicators:

     

    • 72% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 9 new highs and up 41.76% in the last month
    • Relative Strength Index 68.26%
    • Barchart computes a technical support level at 14.91
    • Recently traded at 15.64 with a 50 day moving average of 12.53
    Stocks: XLS, FMER, SBNY, CBOE, HMA
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