JimVanMeerten (47.28)

3 Small Cap S&P 600 stocks on the move up

February 23, 2012 – Comments (0) | RELATED TICKERS: WIRE , TXRH , PSEC

This morning I used Barchart to screen the Small Cap S&P 600 stocks to find the 3 with the best technical momentum and found Encore Wire (WIRE), Texas Roadhouse (TXRH) and Prospect Capital (PSEC)

Encore Wire (WIRE)


Barchart technical indicators:

1 - 100% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 7 new highs and up 9.78% in the last month

5 - Relative Strength Index 69.66

6 - Barchart computes a technical support level at 28.57

7 - Recently traded at 29.57 with a 50 day moving average of 26.93Texas Roadhouse (TXRH)

Barchart technical indicators:

1 - 100% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 8 new highs and up 11.18% in the last month

5 - Relative Strength Index 77.23

6 - Barchart computes a technical support level at 16.46

7 - Recently traded at 17.40 with a 50 day moving average of 15.33

Prospect Capital (PSEC)

Barchart technical indicators:

1 - 100% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 12 new highs and up 9.00% in the last month

5 - Relative Strength Index 78.19%

6 - Barchart computes a technical support level at 11.11

7 - Recently traded at 11.39 with a 50 day moving average of 10.09