Wednesday, March 23, 2016

Aptargroup - Chart of the Day

Aptargroup (ATR) is the Barchart Chart of the Day.  The plastics products company has a Trend Spotter buy signal, a Weighted Alpha of 27.10+, gained 24.20% in the last year and paid a 1.55% dividend.

The Chart of the Day belongs to Aptargroup (ATR).  I found the plastic products stock by using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more.  I then used the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 1/29 the stock gained 8.00%.

Aptargroup Inc. is a leader in the design, manufacture and sale of threecategories of consumer product dispensing systems: pumps, closures and aerosol valves. The company focuses on providing value-added dispensing systems to global consumer product marketers in the personal care, fragrance/cosmetics, pharmaceutical, household/industrial products and food industries. Value-added packaging allows consumers to conveniently dispense a product, in an aesthetically attractive package, which consistently meets required usage or dosage characteristics.

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 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
  • 14 new highs and up 8.04% in the last month
  • Relative Strength Index 71.57%
  • Technical support level at 73.93
  • Recently traded at 78.79 with a 50 day moving average of 73.17
Fundamental factors:
  • Market Cap $4.92 billion
  • P/E 24.96
  • Dividend yield 1.55
  • Revenue expected to grow 2.80% this year and another 5.30% next year
  • Earnings estimated to increase 8.30% this year, an additional 10.20% next year and continue to compound at an annual rate of 9.88% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 1 buy and 7 hold recommendations on the stock

No comments:

Post a Comment