Friday, August 9, 2013

American Pacific soars

Summary:

American Pacific (APFC) is a custom chemical manufacturer who gained 318.44% in the last year, has a Weighted Alpha of 320.63+ and is the Chart of the Day

Article:

The Chart of the Day is American Pacific (APFC).  I found the stock by sorting the New High List for Weighted Alpha and the stock was near the top of the list with a 320.63+.  It has a 100% technical buy signals and a Trend Spotter buy signal.



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:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 79.68% in the last quarter
  • Relative Strength Index 86.00%
  • Barchart computes a technical support level at 33.36
  • Recently traded at 42.87 with a 50 day moving average of 30.89
Fundamental factors:
  • Market Cap $333.53 million
  • P/E 17.71
  • Only 1 Wall Street analysts follows the stock but has a strong buy issued
  • Earnings are predicted to increase 78.80% this year and an additional 5.50% next year
  • Financial Strength C++
Stocks that triple in a year are always risky especially when coupled with a C++ Financial Strength.  Use moving stop losses at you tolerance for pain.

No comments:

Post a Comment