The Chart of the Day belongs to Golden Entertainment (GDEN). I found the Gaming stock by using Barchart to sort Today's 52 Week High list first by the highest Weighted Alpha, then used the Flipchart feature to review the charts for consistency of price appreciation. Since the Trend Spotter signaled a buy on 8/17 the stock gained 53.04%.
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 Barchart.com web site when you read this report.
Barchart technical indicators:
- 196.96% Weighted Alpha
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 9 new highs and up 29.41% in the last month
- Relative Strength index 73.89%
- Technical support level at 31.58
- Recently traded at 33.65 with a 50 day moving average of 26.59
Fundamental factors:
- Market Cap $841 million
- P/E 37.41
- Revenue expected to grow 19.30% this year and another 84.40% next year
- Earnings estimated to increase 19.00% this year, an additional 203.20% next year and continue to compound at an annual rate of 15.00% for the next 5 years
- Wall Street analysts issued 2 buy recommendations on the stock
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