The 2 Best Small Caps

Today I wanted to use Barchart to sort the S&P 600 Small Cap Index stock to find the stocks with both a Weighted Alpha higher than 50.00+ and technical buy signals of 80% or better. There were only 2 – Digi International (NASDAQ:DGII) and Pericom Semiconductor (NASDAQ:PSEM). However, Pericom is up on a buy out proposal which has already been announced so further upside potential is too speculative.

Let's look at the one I have left:

Digi International (DGII)

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • 58.37+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 18.09% in the last month
  • Relative Strength Index 71.98%
  • Barchart computes a technical support level at 11.03
  • Recently traded at 11.83 with a 50 day moving average of 10.24
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