JimVanMeerten (49.75)

3 Small Cap Picks

October 24, 2012 – Comments (0) | RELATED TICKERS: WIRE , USTR , TTC

Today I sorted the S&P Small Cap 600 index stocks to find the 3 with the best Barchart technical indicators and charts.  Near the top of the list were Encore Wire Corporation (WIRE), United Stationers (USTR) andToro Company (TTC):

Encore Wire Corporation (WIRE)

Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

8 new highs and up 4.14% in the last month

Relative Strength Index 70.78%

Barchart computes a technical support level at 30.10R

ecently traded at 30.91 with a 50 day moving average of 29.54

United Stationers (USTR)

Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 andn100 day moving averages

4 new highs and up 6.73% in the last month

Relative Strength Index 80.30%

Barchart computes a technical support level at 26.20

Recently traded at 29.35 with a 50 day moving average of 26.12

Toro Company (TTC)

Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

8 new highs and up 6.06% in the last month

Relative Strength Index 65.79%

Barchart computes a technical support level at 39.60

Recently traded at 41.86 with a 50 day moving average of 39.06

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