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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
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Barchart Portfolio Blogs
  • Financials Lead The MidCaps 0 comments
    Jul 16, 2013 11:39 AM | about stocks: BOH, WBS, CATY, BXS, SBNY

    Today I used Barchart to sort the S&P 400 Mid Cap Index to find the stocks with the best technical indicators and charts. In the sorted list the Financial sector continued to dominate. The list includes Bank of Hawaii (NYSE:BOH), Webster Financial (NYSE:WBS), Cathay General Bancorp (NASDAQ:CATY),Bancosouth (NYSE:BXS), and Signature Bank (NASDAQ:SBNY):

    Bank of Hawaii (BOH)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 11.45% in the last month
    • Relative Strength Index 69.82%
    • Barchart computes a technical support level at 53.85
    • Recently traded at 54.62 with a 50 day moving average of 50.57


    Webster Financial (WBS)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 16.04% in the last month
    • Relative strength Index 72.93%
    • Barchart computes a technical support level at 26.82
    • Recently traded at 27.42 with a 50 day moving average of 24.49


    Cathay General Bancorp (CATY)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 17.36% in the last month
    • Relative Strength Index 71.12%
    • Barchart computes a technical support level at 18.20
    • Recently traded at 23.01 with a 50 day moving average of 20.67


    Bancosouth (BXS)

    (click to enlarge)

    Barchart technical indicators:

     

    • 72% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 an d100 day moving averages
    • 15 new highs and up 14.02% in the last month
    • Relative strength Index 63.09%
    • Barchart computes a technical support level at 18.20
    • Recently traded at 18.73 with a 50 day moving average of 17.38


    Signature Bank (SBNY)

    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 14 new highs and up 12.70% in the last month
    • Relative Strength Index 74.42%
    • Barchart computes a technical support level at 87.88
    • Recently traded at 89.09 with a 50 day moving average of 80.10
    Stocks: BOH, WBS, CATY, BXS, SBNY
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