The Chart of the Day belongs to Valhi (VHI). I found the diversified chemical stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then again using the Flipchart feature to find a chart with consistent price appreciation. Since the Trend Spotter signaled a buy in 10/2 the stock gained 140.45%.
Valhi Inc. operates through majority-owned subsidiaries or less than majority-owned affiliates in the chemicals, component products, waste management and titanium metals industries. These subsidiaries and affiliates are NL Industries, Inc. , CompX International Inc., Waste Control Specialists LLC, and Titanium Metal Corporation.
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:
- 181.08+ Weighted Alpha
- 100% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 63.75% in the last month
- Relative Strength Index 76.86%
- Technical support level at 6.17
- Recently traded at 6.44 with a 50 day moving average of 3.74
Fundamental factors:
- Market Cap $2.23 billion
- P/E 10.80
- Dividend yield 1.35%
- Revenue expected to grow 9.20% next year
- Earnings estimated to increase 273.70% this year and compound at an annual rate of 25.50% over the next 5 years
- Although the one Wall Street analysts following the stock thinks it will under perform the market, the individual investors following the stock on Motley Fool voted 59 to 30 that the stock will out perform the market
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