Today's Barchart Chart of the Day is Glacier Bancorp (GBCI) and was found by sorting the Barchart New Highs for frequency. The stock hit 16 new highs and is up 12.19% in the last month. Since the Trend Spotter signaled a buy on 12/19 the stock is up 14.90%.
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Today's Chart of the Day is Glacier Bancorp (GBCI) and was found by sorting the Barchart New High list for frequency. The stock hit 16 new highs and is up 12.19% for the month. Since the Trend Spotter triggered a buy signal on 12/19 at 14.90 the stock is up 16.12%.
The stock is a multi-bank holding company and provides commercial banking services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. It offers transaction and savings deposits; real estate, commercial, agriculture, and consumer loans; mortgage origination services; and retail brokerage services to individuals, small to medium-sized businesses, community organizations, and public entities.
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 12.19% in the last month
- Relative Strength Index 74.56%
- Barchart computes a technical support level at 16.57
- Recently traded at 17.30 with a 50 day moving average of 15.64
Fundamental factors:
- Market Cap $1.24 billion
- P/E 15.87
- Dividend yield 3.36%
- Analysts issued 8 hold recommendations
- Revenue projected to increase 1.20% this year and another 5.30% next year
- Earnings are estimated to increase by 11.40% this year, an additional 7.70% next year and increase annually buy 10.00% for the next 5 years
- Financial strength B+
Exit Strategy: Sell if you lose 10% from your entry point or the stock drops below its 50 day moving average.
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