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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 and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy capital management
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Barchart Portfolio Blogs
  • Today's Best Small Caps 0 comments
    Jan 17, 2014 10:05 AM | about stocks: ABAX, AXE, MTRX, TNGO, STC

    Today I used Barchart to sort the S&P 600 Small Cap Index to find the stocks with the most frequent New Highs in the last month, then eliminated those that did not have positive gains for the last week and month. I then used the Flipchart feature to review the charts.

    Today's list includes Abaxis (NASDAQ:ABAX), Anixter International (NYSE:AXE), Matrix Service Co (NASDAQ:MTRX), Tangoe (NASDAQ:TNGO), and Stewart Information Services(NYSE:STC):

    Abaxis (ABAX)

    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 22.24% in the last month
    • Relative Strength Index 81.83%
    • Barchart computes a technical support level at 43.67
    • Recently traded at 44.58 with a 50 day moving average of 37.71

    Anixter International (AXE)

    (click to enlarge)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 10.36% in the last month
    • Relative Strength Index 70.65%
    • Barchart computes a technical support level at 93.14
    • Recently traded at 94.48 with a 50 day moving average of 88.07


    Matrix Service Co (MTRX)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 21.89% in the last month
    • Relative Strength Index 78.39%
    • Barchart computes a technical support level at 26.06
    • Recently traded at 26.56 with a 50 day moving average of 22.63


    Tangoe (TNGO)

    (click to enlarge)

    Barchart technical indicators:

     

    • 40% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20 and 50 day moving averages
    • 15 new highs and up 21.88% in the last month
    • Relative Strength Index 71.25%
    • Barchart computes a technical support level at 18.98
    • Recently traded at 19.72 with a 50 day moving average of 16.89


    Stewart Information Services (STC)

    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 10.73% in the last month
    • Relative Strength Index 69.83%
    • Barchart computes a technical support level at 33.05
    • Recently traded at 33.44 with a 50 day moving average of 31.19
    Stocks: ABAX, AXE, MTRX, TNGO, STC
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