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5 Stocks Hitting New Highs

|Includes:ACAS, GEOY, General Finance Corporation (GFN), HAFC, VCI

Today I used Barchart to screen the New High list of the stocks hitting the most new highs in the last month and found General Finance (NASDAQ:GFN), Hanmi Financial (NASDAQ:HAFC), Geoeye (NASDAQ:GEOY), AmericanCapital (NASDAQ:ACAS) and Valassis Communications (NYSE:VCI). They all hit 16 - 18 new highs in the last month and remember there are usually only 20 trading days in a month.

General Finance (GFN)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 17.91% in the last month
  • Relative Strength Index 85.46%
  • Barchart computes a technical support level at 3.52
  • Recently traded at 3.95 with a 50 day moving average of 3.29


Hanmi Financial (HAFC)

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 22.78% in the last month
  • Relative Strength Index 83.79%
  • Barchart computes a technical support level at 12.75
  • Recently traded at 13.15 with a 50 day moving average of 10.82


Geoeye (GEOY)

Barchart technical indicators:

 

  • 72% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 17 new highs and up 81.69% in the last month
  • Relative Strength Index 81.00%
  • Barchart computes a technical support level at 27.11
  • Recently traded at 27.58 with a 50 day moving average of 19.98


American Capital (ACAS)

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 12.96% in the last month
  • Relative Strength Index 81.25%
  • Barchart computes a technical support level at 11.04
  • Recently traded at 11.16 with a 50 day moving average of 10.01


Valassis Communications (VCI)

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 18.76% in the last month
  • Relative Strength Index 77.06%
  • Barchart computes a technical support level at 24.33
  • Recently traded at 24.88 with a 50 day moving average of 21.49
Stocks: GFN, HAFC, GEOY, ACAS, VCI