Today I wanted to find the 5 best Mid Cap stocks so I used Barchart to sort the S&P 400 Mid Cap Index stocks for the ones with the highest Weighted Alpha then selected those with current Barchart Technical Buy Signals of at least 80% or better.
Today's list includes Skechers (NYSE:SKX), WisdomTree investments (NASDAQ:WETF), Molina healthcare (NYSE:MOH), Acuity Brands (NYSE:AYI) and Alaska Air (NYSE:ALK).
Skechers
Barchart technical indicators:
96% Barchart technical buy signals
215.50+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 32.65%
Relative Strength Index 76.12%
Barchart computes a technical support level at 153.00
Recently traded at 154.06 with a 50 day moving average of 119.15
WisdomTree Investments
Barchart technical indicators:
88% Barchart technical buy signals
112.50+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
8 new highs and up 11.30% in the last month
Relative Strength Index 56.67%
Barchart computes a technical support level at 24.87
Recently traded at 24.41 with a 50 day moving average of 22.64
Molina Healthcare
Barchart technical indicators:
96% Barchart technical buy signals
86.50+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
6 new highs and up 8.13% in the last month
Relative Strength Index 63.46%
Barchart computes a technical support level at 74.47
Recently traded at 205.01 with a 50 day moving average of 187.95
Acuity Brands
Barchart technical indicators:
96% Barchart technical buy signals
81.50+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
9 new highs and up 9.66% in the last month
Relative Strength Index 72.78%
Barchart computes a technical support level at 204.33
Recently traded at 205.01 with a 50 day moving average of 187.95
