Barchart.com's Chart of the Day - SAP (SAP)
The "Chart of the Day" is SAP (SAP), which showed up on Tuesday's Barchart "What's Hot" list. SAP on Tuesday rallied by 2.94 standard deviations (or +6.93%) and posted a new 3-month high. TrendSpotter on Tuesday was stopped out its Short position and went into its required minimum 1-day neutral mode. However, TrendSpotter on Wednesday is likely to issue a Buy signal. In recent news on the stock, SAP on Tuesday reported Q2 non-IFRS EPS of 59 cents versus 58 cents and provided guidance that it expects to reach the high end of 2011 software revenue guidance. SAP, with a market cap of $72 billion, is the world's largest business software company and the world's third-largest independent software provider overall.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Exchanges Daily What's Hot". That list highlights stocks with large price movements in terms of 20-day standard deviations, rather than percentage moves. Ranking stock price movement based on standard deviations rather than percentage changes puts all the stocks on a level playing field and spots stocks with unusually large movements relative to their recent performance, as opposed to percentage changes which tend to include stocks that naturally have high volatility. For further information, please click on the link for "What's Hot" help. Once we were on the What's Hot list, we then applied a "Custom View" heading with the Barchart Opinion ranking as one of the columns. we then sorted the list by the Barchart Opinion ranking in order to find the stocks with the highest Opinion.
Barchart's Opinion trading systems are mixed and Barchart's daily TrendSpotter trading system is a "Hold." 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 links for further information:
Quotes and Charts
Quote
Detailed Quote
Chart
Technical Analysis
Technicals Summary
Trader's Cheat Sheet™
Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies
Company Info
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Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Exchanges Daily What's Hot". That list highlights stocks with large price movements in terms of 20-day standard deviations, rather than percentage moves. Ranking stock price movement based on standard deviations rather than percentage changes puts all the stocks on a level playing field and spots stocks with unusually large movements relative to their recent performance, as opposed to percentage changes which tend to include stocks that naturally have high volatility. For further information, please click on the link for "What's Hot" help. Once we were on the What's Hot list, we then applied a "Custom View" heading with the Barchart Opinion ranking as one of the columns. we then sorted the list by the Barchart Opinion ranking in order to find the stocks with the highest Opinion.
Barchart's Opinion trading systems are mixed and Barchart's daily TrendSpotter trading system is a "Hold." 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: Hold
- Short-Term Indicators: 60% Buy
- Medium-Term Indicators: 50% Buy
- Long-Term Indicators: 33% Buy
- Overall Average 48% Buy
Barchart links for further information:
Quotes and Charts
Quote
Detailed Quote
Chart
Technical Analysis
Technicals Summary
Trader's Cheat Sheet™
Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies
Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
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