Tuesday, February 23, 2016

Hawaiian Holdings - Chart of the Day

Hawaiian Holdings (HA) is the Barchart Chart of the Day.  The regional airline has a Trend Spotter buy signal, a Weighted Alpha of 124.20+ and gained 120.61% in the last year.

The Chart of the Day belongs to Hawaiian Holdings (HA).  I found the regional airlines stock by using Barchart to sort today's All Time High list first for the highest technical buy signals, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 2/12 the stock gained 13.90%.

Hawaiian Holdings is a holding company of Hawaiian Airlines. Hawaiian Airlines is the largest airline headquartered in Hawaii. They are engaged primarily in the scheduled transportation of passengers, cargo and mail. Scheduled passenger service consists of daily service between Hawaii and Las Vegas, Nevada and the four key United States West Coast gateway cities of Los Angeles and San Francisco, California, Seattle, Washington and Portland, Oregon; daily service among the major islands of Hawaii; and bi-weekly service to Pago Pago, American Samoa, Papeete and Tahiti.

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:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 30.84% in the last year
  • Relative Strength Index 73.80%
  • Technical support level at 39.53
  • Recently traded at 41.29 with a 50 day moving average of 34.97
Fundamental factors:
  • Market Cap $2.20 billion
  • P/E 12.71
  • Revenue expected to grow 3.80% this year and another 5.10% next year
  • Earnings estimated to increase 50.80% this year and continue to compound at an annual rate of 31.00% for the next 5 years
  • Wall Street analysts issued 2 buy, 5 hold and 1 under perform opinion on the stock.
The 40 Day Commodity Channel Index has been a reliable technical trading strategy for this stock/

No comments:

Post a Comment