Thursday, August 20, 2015

The Hackett Group - Chart of the Day

The Hackett Group (HCKT) is the Barchart Chart of the Day.  The management consulting services company has a Trend Spotter buy signal, a Weighted Alpha of 137.19+ and gained 134.62% in the last year.

The Chart of the Day belongs to The Hackett Group (HCKT).  I found the management consulting services stock by using Barchart to sort the stock in the Russell 3000 Index first for the highest Weighted Alpha, then for those having  technical buy signals above 80%.  Next I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 8/12 the stock gained 2.10%.

The Hackett Group, a global strategic advisory firm and an Answerthink company, is a leader in best practice research and advisory programs, benchmarking and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insight from more than 4,000 benchmarking studies, executives use Hackett's empirically based approach to quickly define and prioritize initiatives, and to leverage proven strategies that enable world-class performance.


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:

  • 96% Barchart technical buy signals
  • 137.19+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 9.01% in the last month
  • Relative Strength Index 65.92%
  • Barchart computes a technical support level at 14.35
  • Recently traded at 14.64 with a 50 day moving average of 13.08
Fundamental factors:
  • Market Cap $434.18 million
  • P/E 29.90
  • Dividend yield .67%
  • Revenue expected to grow 7.30% this year and another 6.60% next year
  • Earnings are estimated to increase  23.20% this year, an additional 11.60% next year and continue to increase 15.00% annually for the next 5 years
  • Wall Street analysts issued 1 strong buy and 2 buy recommendations on the stock
The 20-100 Day MACD Oscillator has been the most effective technical trading strategy for this stock.

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