Sunday, November 9, 2014

Navient Corp - Barchart's Chart of the Day

Navient Corp (NAVI) is the Barchart Chart of the Day.  The consumer loan stock has a Trend Spotter buy signal, a Weighted Alpha of 25.60+, gained 18.88% in the last year and paid a 2.99% dividend yield.

The Chart of the Day is Navient Corp (NAVI).  I found the stock by sorting the All Time High list for the most frequent new highs in the last month, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/17 the stock gained 8.60%.

Navient Corporation offers a variety of loan management, servicing and asset recovery services to clients in higher education, and federal, state, and local governments. The Company operates in four segments: Consumer Lending, Business Services, FFELP Loans and Other. The Company acts as a servicer for Department of Education and FFELP loans as well as private student loans.


  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 16.82% in the last month
  • Relative Strength Index 73.60%
  • Barchart computes a technical support level at 19.78
  • Recently traded at 20.21 with a 50 day moving average of 18.13
Fundamental factors:
  • Market Cap $8.48 billion
  • Dividend yield 2.99%
  • Analysts forecasts mixed
  • Wall Street analysts issued 3 strong buy, 4 buy and 1 hold recommendation
  • The individual investors on Motley Foll predict the stock will outperform the market by a vote of 9 to 1
The stock began trading in April so he really can't rely on the fundamental yet.  Use the 100 day moving average as an exit until we have more information.

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