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 (GFN), Hanmi Financial (HAFC), Geoeye (GEOY), AmericanCapital (ACAS) and Valassis Communications (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