I wanted to find 5 good small caps with very consistent momentum. I used Barchart to sort the S&P 600 Small Cap Index stocks for the 5 with the most frequent new highs in the last month, ten used the Flipchart feature to review the charts.
Today's list includes:
Tessera Technologies (NASDAQ:TSRA),
Higher One Holdings (NYSE:ONE),
Kaiser Aluminum (NASDAQ:KALU),
Triquint Semiconductor (NASDAQ:TQNT) and
DineEquity (NYSE:DIN):
Tessera Technologies (TSRA)
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 26.36% in the last month
Relative Strength Index 77.78%
Barchart computes a technical support level at 33.53
Recently traded at 34.46 with a 50 day moving average of 28.80
Higher One Holdings (ONE)
Barchart technical indicators:
24% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 51.27% in the last month
Relative Strength Index 61.31%
Barchart computes a technical support level at 3.44
Recently traded at 3.63 with a 50 day moving average of 2.86
Kaiser Aluminum (KALU)
Barchart technical indicators:
16% Barchart technical sell signals
Trend Spotter hold signal
Above its 20 and 50 day moving averages
15 new highs and up 5.16% in the last month
Relative Strength Index 51.20%
Barchart computes a technical support level at 71.27
Recently traded at 73.17 with a 50 day moving average of 73.11
Triquint Semiconductor (TQNT)
Barchart technical indicators:
96% Bachart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 32.23% in the last month
Relative Strength Index 66.20%
Barchart computes a technical support level at 23.89
Recently traded at 24.00 with a 50 day moving average of 20.09
