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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 S&P Mid Cap 400 Stock On The Move Up 0 comments
    Feb 15, 2012 2:29 PM | about stocks: NCR, LECO, NDSN
    This morning I used Barchart to screen the S&P 400 Mid Cap's to find the stocks having the most recent positive momentum and found NCR Corp (NCR), Lincoln Electric (LECO) and Nordson (NDSN). These stocks may not be for everyone but they deserve a look.

    NCR Corp (NYSE:NCR)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving average
    • 19 new highs and up 31.02% in the last month
    • Relative Strength Index 78.05%
    • Barchart computes a technical support level at 21.26
    • Recently traded at 21.70 with a 50 day moving average of 17.73

    Lincoln Electric (NASDAQ:LECO)

    Barchart technical indicators:

     

    • 88% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 9.72% in the last month
    • Relative strength Index 67.14%
    • Barchart computes a technical support level at 44.53
    • Recently traded at 45.36 with a 50 day moving average of 41.17

    Nordson (NASDAQ:NDSN)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 21.66% in the last month
    • Relative Strength Index 78.33%
    • Barchart computes a technical support level at 50.08
    • Recently traded at 51.15 with a 50 day moving average of 44.76

    These 3 may not be suitable for all portfolios but run them through your own due diligence protocol to see if they're suitable for you.
    Stocks: NCR, LECO, NDSN
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