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5 Mid Cap Picks And A Word Of Caution

|Includes: RAX, SEIC, SNH, UFS, Worthington Industries, Inc. (WOR)

Note: Today I am not investing. I'm sitting on the sidelines. I may trim a few under performing stocks but I will not add to my positions. The market as measured by the Value Line Index is down. Please observe this hourly trading chart of the Value Line Index over the past month to see the overall market trend:

That being said today I sorted the S & P 400 Mid Cap Index to find the 5 with the best Barchart technical indicators. Although these are the best, please note that no stock in the index has a 100% score today - another reason for my caution and sitting on the sidelines. The list today includes Worthington Industries (NYSE:WOR),Domtar (NYSE:UFS), Senior Housing Properties Trust (NYSE:SNH), SEI Investments (NASDAQ:SEIC) andRackspace Hosting (NYSE:RAX):

Worthington Industries (WOR)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 9.56% in the last month
  • Relative Strength Index 64.46%
  • Barchart computes a technical support level at 24.69
  • Recently traded at 25.24 with a 50 day moving average of 22.90


Domtar (UFS)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 4.81% in the past month
  • Relative Strength Index 67.84%
  • Barchart computes a technical support level at 82.91
  • Recently traded at 23.62 with a 50 day moving average of 22.52


Senior Housing Properties Trust (SNH)

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 6.35% in the last month
  • Relative Strength Index 67.97%
  • Barchart computes a technical support level at 23.25
  • Recently traded at 23.62 with a 50 day moving average of 22.52


SEI Investments (SEIC)

Barchart technical indicators:

 

  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 4.35% in the last month
  • Relative Strength Index 59.54%
  • Barchart computes a technical support level at 23.03
  • Recently traded at 23.12 with a 50 day moving average of 22.11


Rackspace Hosting (RAX)

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 6.34% in the last month
  • Relative Strength Index 66.83%
  • Barchart computes a technical support level at 69.20
  • Recently traded at 72.86 with a 50 day moving average of 66.65