The Chart of the Day belongs to Lending Tree (TREE). I found the loan brokerage stock by using Barchart to sort today's All Time High list for the stocks with the highest Weighted Alpha, then used the Flipchart feature to review the charts, Since the Trend Spotter signaled a buy in 5/19 the stock gained 43.19%.
|LendingTree, Inc. is an online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete for their business. It provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans and credit cards. LendingTree also provides brokerage that matches residential home buyers interested in newly constructed homes with builders. The Company's brands include LendingTree, GetSmart, LendingTree Education, LendingTree Autos, LendingTree Home Pros, and InsuranceTree. LendingTree, Inc., formerly known as Tree.com, Inc., is based in Charlotte, North Carolina.|
The status of 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:
The 50-100 Day MACD Oscillator as been an effective technical trading strategy for this stock.