Friday, October 7, 2016

Chemours - Chart of the Day

Chemours Company (CC) is the Barchart Chart of the Day.  The chemical company has a Trend Spotter buy signal. a Weighted Alpha of 179.30+ and gained 101.14% in the last year.

The Chart of the Day belongs to Chemours Company (CC).  I found the chemical company by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/18 the stock gained 68.88%

Chemours Company is involved in chemical business. It operating segment consists of Titanium Technologies, Fluoroproducts and Chemical Solutions. Titanium Technologies segment produces titanium dioxide and premium white pigment. Fluoroproducts segment provides fluoroproducts, refrigerants and industrial fluoropolymer resins. Chemical Solutions segment provides industrial and specialty chemicals. The company's brand consists of Teflon(R), Ti-Pure(R), Krytox(R) Viton(R), Opteon(R) and Nafion(R). Chemours Company is headquartered in Wilmington.

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:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 16.31% in the last month
  • Relative Strength Index 64.97%
  • Technical support level at 15.87
  • Recently traded at 15.72 with a 50 day moving average of 12.99
Fundamental factors:
  • Market Cap $2.85 billion
  • P/E 21.28
  • Dividend yield .74%
  • Revenue to grow .80% next year
  • Earnings to increase 51.10% next year and compound at an annual rate of 1.50% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 2 hold and 1 strong sell recommendation for the stock

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