Imperva (IMPV) is the Chart of the Day. The computer software company is up 68.47% in the last year. The stock had several Trend Spotter buy signals over that time.
Article:
The Chart of the Day is Imperva (IMPV). The stock had 17 new highs and is up over 23.85% in just the last month. I found the stock by sorting the New High List for frequency then used the FlipChart feature.
The company is engaged in the development of protection software and services for business applications and databases. It delivers innovative technology to give full audit accountability and separation of duties to meet regulatory compliance. It offers SecureSphere Data Security Suite to protect sensitive data from hackers and malicious insiders along with providing a fast and cost-effective route to regulatory compliance and establishes a repeatable process for data risk management. The Company's SecureSphere offers database security solutions to secure sensitive data stored in databases, File Security solutions to protect sensitive files on file servers, storage devices, content repositories, and meet regulatory compliance mandates and Web Application Security solutions to protect web applications from cyber attacks.
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
- 17 new highs and up 23.85% in the last month
- Relative Strength Index 79.93%
- Barchart computes a technical support level at 47.21
- Recently traded at 47.98 with a 50 day moving average of 41.03
Fundamental factors:
- Market Cap $ 1.18 billion
- Revenue projected to grow 30.00% this year and another 24.20% next year
- Earnings estimated to increase 183.30% this year, an additional 620.00% next year and continue to increase 25.00% annually for the next 5 years
- Wall Street analysts issued 3 strong buy, 6 buy and 2 hold recommendations for their clients
With a stock up almost 70% in a year you need to watch the moving averages closely and exit if it drops below its 50 day moving average.
No comments:
Post a Comment