Friday, July 7, 2017

Baozun - Chart of the Day

Baozun (BZUN) is the Barchart Chart of the Day.  The IT services company has a Trend Spotter buy signal, a Weighted Alpha of  226.46+ and gained 272.15% in the last year.

The Chart of the Day belongs to Baozun (BZUN).  I found the IT services stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha, then again by technical buy signals of 80% or better.  Since the Trend Spotter signaled a buy in 6/23 the stock gained 8.98%.

Baozun Inc. offers digital and e-commerce service primarily in China. The Company's services include website design, development and hosting, information technology infrastructure, customer service, warehousing and logistics services as well as digital marketing. Baozun Inc. is based in Shanghai, China.

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 10.27% in the last month
  • Relative Strength Index 69.47%
  • Technical support level at 24.69
  • Recently traded at 25.12 with a 50 day moving average of 20.64
Fundamental factors:
  • Market Cap $1.32 billion
  • P/E 87.71
  • Revenue expected to grow 24.10% this year and another 24.80% next year
  • Earnings estimated to increase 112.10% this year, an additional 68.60% next year and continue to increase at an annual rate of 9.75% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 5 buy recommendations on the stock

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