Industry Group Strength- Medical related Computer Software

The Medical Computer Software Industry Group is one that I have kept a close eye on since I began trading/investing. Its first real winner was QSII back in 2004-2005. Since then, QSII has fallen out of favor. Now, there are two interesting stocks that have recently started to burn up the charts. They are ECLP and ERES. The best one in my opinion is ECLP. It has stellar earnings and increases in sales. Not far behind is ERES that is able to hold its own with strong earnings and decent sales strength. Both stocks look technically strong on the charts and both boast high RS.

Update: Another interesting stock in this group is ACCL. It also has an attractive chart and may make a good play as long as the market can hold itself together.

Even the chart on QSII is starting to improve...

ERES

At the time of my initial posting, ERES was doing much better. The late day plunge messed the chart up a bit.

ECLP

ECLP was also performing well early on in the day. It doesn't make much a long trade now since it closed at the LOD.

QSII

QSII closed well in comparison to the last two stocks in its group. Still, the chart is not that good as the stock has not put in a definite bottom.

ACCL

It only makes sense to save the best for last. Out of all the stocks in its group, ACCL is the most technically attractive. Its chart is strong and resilient even amid a 2.50% slide in the NASDAQ.