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Financials Lead The Mid Caps

Jul. 09, 2013 10:25 AM ETSBNY, WAFD, HBHC, WBS, EWBC
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Jim Van Meerten's Blog
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Today I used Barchart to sort the S&P 400 Mid Cap Index for the stocks with the best technical indicators and charts. Just like yesterday, when I sorted the S&P 500 Large Cap Index the Financial Sector floated to the top of the list. The list today includes Signature Bank (OTCPK:SBNY),Washington Federal (WAFD), Hancock Holding Co (HBHC), Webster Financial (WBS) and East West Bancorp (EWBC):

Signature Bank (OTCPK:SBNY)

Barchart technical indicators:

 

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 15.59% in the last month
  • Relative Strength Index 79.81%
  • Barchart computes a technical support level at 86.87
  • Recently traded at 89.99 with a 50 day moving average of 78.43


Washington Federal (WAFD)

Barchart technical indicators:

 

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 21.01% in the last month
  • Relative Strength Index 86.27%
  • Barchart computes a technical support level at 20.25
  • Recently traded at 20.84 with a 50 day moving average of 17.72


Hancock Holding Co (HBHC)

Barchart technical indicators:

 

  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 13.96% in the last month
  • Relative Strength Index 74.07%
  • Barchart computes a technical support level at 31.34
  • Recently traded at 31.97 with a 50 day moving average of 28.79


Webster Financial (WBS)

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 13.92% in the last month
  • Relative Strength Index 78.38%
  • Barchart computes a technical support level at 26.27
  • Recently traded at 27.07 with a 50 day moving average of 24.09


East West Bancorp (EWBC)

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • above its 20, 50 and 100 day moving averages
  • 13 new highs and up 10.32% in the last month
  • Relative strength Index 81.25%
  • Barchart computes a technical support level at 28.30
  • Recently traded at 28.86 with a 50 day moving average of 26.12

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