Tuesday, June 4, 2013

Body Central (BODY) - Barchart's Chart of the DAy

Summary:

Body Central (BODY) is the chart of the day.  Since the Trend Spotter issued a buy signal on 3/17 the stock has soared 40.34%.  The Relative Strength Index is 70.54%.

Article:

The Chart of the Day is Body Central (BODY).  In just the last quarter the price has advanced in 30 sessions for a gain of 64.78%.  The stock was found by sorting the New High List for frequency.

The company is a multi-channel, specialty retailer offering apparel and accessories. Its stores feature an assortment of tops, dresses, bottoms, jewelry, accessories and shoes sold under its Body Central' and Lipstick' labels. It operates specialty apparel stores under the Body Central and Body Shop banners, as well as a direct business comprised of Body Central catalog and e-commerce website.



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 25.53% in the last month
  • Relative Strength Index 70.54%
  • Barchart computes a technical support level at 12.25
  • Recently traded at 12.49 with a 50 day moving average of 10.35
Fundamental factors:
  • Market Cap $205.34 million
  • P/E 21.95
  • Revenue projected to be up 5.30% this year and another 12.90% next year
  • Earnings estimated to be down 24.00% this year but turn around and increase by 47.40% this year and continue to increase at the rate of 20.00%B annually for the next 5 years
  • Wall Street analysts issued 1 strong buy, 1 buy and 4 hold recommendations
  • Financial Strength B+
This stock has had a run up so I watch it closely and sell if it drops below its 50 day moving average.

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