Thursday, August 25, 2016

Knoll - Chart of the Day

Knoll (KNL) is the Barchart Chart of the Day.  The office furniture company has a Trend Spotter buy signal, a Weighted Alpha of 19.80+ and gained 38.65% in the last 6 months.

The Chart of the Day belongs to Knoll (KNL).  I found the office furniture stock by using Barchart to sort the All Time High list for technical buy signals of 80% or more.  Since the Trend spotter signaled a buy on 7/11 the stock gained 4.91%.

Knoll Inc, a leading designer and manufacturer of branded office furniture products and textiles, serves clients worldwide. Their commitment to innovation and modern design has yielded a comprehensive portfolio of products designed to provide enduring value and help clients shape their workplaces with imagination and vision.

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
  • 3 new highs and up 2.80% in the last month
  • Relative Strength Index 63.61%
  • Technical support level at 25.68
  • Recently traded at 26.08 with a 50 day moving average of 24.93
Fundamental factors:
  • Market Cap $1.28 billion
  • P/E 15.92
  • Dividend yield 2.31%
  • Revenue expected to grow 6.70% this year and another 4.30% next year
  • Earnings estimated to increase 13.80% this year, an additional 12.70% next year and continue to compound at an annual rate of 16.00% for the next 5 years
  • A Wall Street analyst issued a buy recommendation on the stock

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