Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

5 Great Small & Mid Caps With Momentum

|Includes: CIZN, Cosi, Inc. (COSI), NLST, ORBC, SHBI

This morning I decided to use two of the best sources of investment information I know and team up the power of both. I have read and been fascinated with Value Line for almost 50 years. When I discovered my college had a subscription I went and read each new issue and have ever since About 10 years ago I was reading a Forbes article called Best of the Web and it rated Barchart as one of the best data sources on technical stock market investing. To this day I use both.

This morning I took the stocks Value Line Small & Mid Cap Investment Survey rated 1 and 2. This Suvery has a data base of about 3800 stocks with a capitalization between $6 million and $8.75 billion and give relative weighting to about 1800 of them. That equals the quartile that Value Line estimates will have the best chance for relative price appreciation and ran them through Barchart to find which ones had the highest Barchart technical buy signals, then used its Flipchart feature to review the charts.

When I use a list from a reliable source of those predicted to have the best momentum and filter it through another reliable source to find which is presently having the best momentum I should end up with some great stocks to consider.

The list today includes: Cosi Inc (NASDAQ:COSI), Citizens Holdings (NASDAQ:CIZN), Netlist (NLST), Shore Bancshares (NASDAQ:SHBI) and Orbcomm (NASDAQ:ORBC).

Cosi Inc

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 57.34% in the last month
  • Relative Strength Index 83.17%
  • Technical support level at .77
  • Recently traded at .96 with a 50 day moving average of .59

Citizens Holdings

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 3.29% in the last month
  • Relative Strength Index 60.74%
  • Technical support level at 23.85
  • Recently traded at 23.89 with a 50 day moving average of 22.76

Netlist

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 43.08%
  • Relative Strength Index 71.55%
  • Technical support level at 1.17
  • Recenlty traded at 1.47 with a 50 day moving average of 1.06

Shore Bancshares

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 5.06% in the last month
  • Relative Strength Index 64.20%
  • Technical support level at 11.26
  • Recently traded at 11.83 with a 50 day moving average of 11.13

Orbcomm

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 31.12% in the last month
  • Relative Strength Index 82.29%
  • Technical support level at 8.55%
  • Recently traded at 9.48 with a 50 day moving average of 7.80