Wednesday, May 29, 2013

Camden National - Barchart's Chart of the Day

Summary:

Camden National (CAC) is the Chart of the Day.  The stock has 80% Technical buy signals and a Trend Spotter buy signal.  In the last month the stock advanced in 17 sessions for a gain of 14.88%.

Article:

The Chart of the Day is Camden National (CAC) and was found by sorting the New High List for frequency.  The stock has 80% technical buy signals and a Trend Spotter buy signal.  The Relative Strength Index is 76.94%.

The Company operates as the holding company for Camden National Bank, which provides commercial and consumer banking products and services to the individuals, businesses, municipalities, non-profits, and commercial customers primarily in the State of Maine.


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:

  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 14.88% in the last month
  • Relative Strength Index 76.94%
  • Barchart computes a technical support level at 35.46
  • Recently traded at 37.28 with a 50 day moving average of 33.76
Fundamental factors:
  • Market Cap $285.56 million
  • P/E 12.41
  • Dividend yield 2.86%
  • Financial Strength B
Exit if the stock trades below its 50 day moving average.


No comments:

Post a Comment