5 Mid Caps Bucking The Trend

As I write this post the S&P 400 Mid Cap Index is in a downward trend with 88.95% of the stocks trading below their 20 day moving averages. The Index is 6.87% off its previous high and trending lower.

There are 5 stocks that are swimming against the tide. I found them using Barchart to sort the Index first for the best technical buy signals, then I used the Fipchart feature to find 5 charts I like.

Today's list includes: 

Panera Bread (NASDAQ:PNRA),

 HSN Inc (NASDAQ:HSNI),

Hanesbrands (NYSE:HBI),

Brinker International (NYSE:EAT) and

Mallincrkrodt PLC (NYSE:MNK):

 

Panera Bread (PNRA)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 5.40% in the last month
  • Relative Strength Index 62.22%
  • Barchart computes a technical support level at 161.57
  • Recently traded at 164.08 with a 50 day moving average of 153.82


HSN Inc (HSNI)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 576% in the last month
  • Relative Strength Index 62.59%
  • Barchart computes a technical support level at 61.34%
  • Recently traded at 62.34 with a 50 day moving average of 59.82


Hanesbrands (HBI)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 3 new highs and up 1.55% in the last month
  • Relative Strength Index 61.85%
  • Barchart computes a technical support level at 109.72
  • Recently traded at 110.37 with a 50 day moving average of 103.80


Brinker International (EAT)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 490% in the last month
  • Relative Strength Index 62.62%
  • Barchart computes a technical support level at 52.29
  • Recently traded at 52.54 with a 50 day moving average of 48.98


Mallincrkrodt PLC (MNK)

Barchart technical indicators:

  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 9.17% in the last month
  • Relative Strength Index 70.22%
  • Barchart computes a technical support level at 91.78
  • Recently traded at 92.00 with a 50 day moving average of 80.24

Disclosure: None

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.