Thursday, June 29, 2017

OraSure Technologies - Chart of the Day

OraSure Technologies (OSUR) is the Barchart Chart of the Day.  The medical products company has a Trend Spotter buy signal, a Weighted Alpha of 204.51+ and gained 151.98% in the last year.

 The Chart of the Day belongs to OraSure Technologies (OSUR). I found the medical products stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 6/23 the stock gained 14.73%

OraSure Technologies, Inc. is the market leader for oral fluid diagnostics. The Company develops, manufactures, and markets medical devices and diagnostic products for use by insurance companies, public health agencies, clinical laboratories, physicians' offices, and workplace sites.

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
  • 8 new highs and up 20.22% in the last month
  • Relative Strength Index 81.47%
  • Technical support level at 17.65
  • Recently traded at 17.84 with a 50 day moving average of 14.82
Fundamental factors:
  • Market Cap $1.02 billion
  • P/E 33.27
  • Revenue expected to grow 10.20% this year and another 4.00% next year
  • Earnings estimated to increase 20.00% this year and continue to compound at an annual rate of 20.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 2 buy recommendations on the stock

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