Tuesday, August 27, 2013

Primo Water - Barchart's Chart of the Day

Summary:

Primo Water (PRMW) is the Chart of the Day. The price is up 279.71% in the last 12 months and 75.84% is just the last quarter.

Article:

The Chart of the Day is Primo Water (PRMW).  The stock has 96% Barchart technical buy signals and  Trend Spotter buy signal.  I found the stock by sorting the New High List and then using the flipchart feature to pan through the charts to find the one I like.



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
  • 13 new highs and up 43.17% in the last month
  • Relative Strength Index 74.72%
  • Barchart computes a technical support level at 2.41
  • Recently traded at 2.62 with a 50 day moving average of 1.95
Fundamental factors:
  • Market Cap $ 62.53 million
  • Revenue projected to increase 2.00% this year and an additional 222.00% next year
  • Earnings estimated to grow 25.00% a year for the next 5 years
  • Financial Strength C
Watch the 50 day moving average for weakness on price momentum.

No comments:

Post a Comment