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5 Small Caps For Momentum Investors

Apr. 25, 2016 12:00 PM ETLGND, KRA, ZEUS, VDSI-OLD, EXAM
Jim Van Meerten profile picture
Jim Van Meerten's Blog
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This morning I used Barchart to sort the S&P 600 Small Cap Index stocks first for the most frequent number of new highs in the last month then again for technical buy signals of 80% or more. I used the Flipchart feature to review the charts for consistency. Today's watch list includes:

Ligand Pharmaceuticals (LGND), Kraton Performance Polymers (KRA), Olympic Steel (ZEUS), Vasco Data Security (VDSI) and Examworks(EXAM)

Ligand Pharmaceuticals

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 26.19% in the last month
  • Relative Strength Index 79.24%
  • Technical support level at 125.16
  • Recently traded at 129.58 with a 50 day moving average of 105.50


Kraton Performance Polymers

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 38.58% in the last month
  • Relative Strength Index 80.31%
  • Technical support level at 21.75
  • Recently traded at 22.01 with a 50 day moving average of 17.34


Olympic Steel

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 23.98% in the last month
  • Relative Strength Index 77.97%
  • Technical support level at 18.78
  • Recently traded at 20.71 with a 50 day moving average of 15.25


Vasco Data Security

Barchatrt technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 an d100 day moving averages
  • 15 new highs and up 17.51% in the last month
  • Relative Strength Index 72.53%
  • Technical support level at 16.87
  • Recently traded at 17.34 with a 50 day moving average of 15.25


Examworks

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 an d100 day moving averages
  • 15 new highs and up 20.05% in the last month
  • Relative Strength Index 75.52%
  • Technical support level at 33.12
  • Recently traded at 33.43 with a 50 day moving average of 29.13

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