West Pharmaceutical Services - Chart of the Day

West Pharmaceutical Services (WST) is the Chart of the Day.  The pharmaceutical supplies company has a Trend Spotter buy, a Weighted Alpha of 82.00+ and had a price gain of 74.31% in the last year,

The Chart of the Day is West Pharmaceutical Services (WST).  I found the stock by sorting today's New High List for frequency then used the flipchart feature to pan through the list till I found a chart I liked.  This one has a nice steady rise and since the Trend Spotter signaled a buy on 9/9 is up 18.88%.

It applies technologies to the process of bringing new drug therapies and healthcare products. Their technologies include the design and manufacture of packaging components for pharmaceutical, healthcare and consumer products; research and development of drug delivery systems; contract manufacturing and packaging services; clinical services; and contract laboratory services and other services that support the manufacturing, filling and packaging of pharmaceutical, healthcare and consumer products.

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 14.05% in the last month
• Relative Strength Index 77.08%
• Barchart computes a technical support level at 45.67
• Recently traded at 46.28 with a 50 day moving average of 40.69

Fundamental factors:

• Market Cap $3.20 billion
• P/E 32.00
• Dividend yield .87%
• Revenue projected to grow by 7.90% this year and another 6.60% next year
• Earnings estimated to increase 15.90% this year, an additional 15.00% next year and continue to increase annually by 18.20% for the next 5 years
• Wall Street analysts issued 2 strong buy and 2 hold recommendations
• Financial Strength is B++

With a 74% rise in the last year I'm not sure if there is a lot of stream left but if you buy at this level please watch the 50 day moving average for your exit point.