Wednesday, May 4, 2011

Dominion Resources -D- Barchart Chart of the Day

Barchart.coms Chart of the Day - Dominion Resources (D)
Related Stocks
 D - Dominion Resources
Sym Last Chg Pct
D 46.73 +0.19 +0.41%
The "Chart of the Day" is Dominion Resources (D), which showed up on Tuesday's Barchart "All Time High" list. Dominion Resources on Tuesday rallied by 0.41% and posted a new all-time high of $47.43. TrendSpotter has been long on DTE since April 27 at $46.06. In recent news on the stock, Dominion last Thursday reported Q1 adjusted EPS of 93 cents, better than the consensus of 91 cents. Dominion Resources, with a market cap of $27 billion, is an integrated utility operating in the northeast U.S. and is also one of the largest independent oil and natural gas exploration and production companies in North America.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." 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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 96% Buy


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