Friday, October 14, 2011

Questar - STR - Barchart Chart of trhe Day

Barchart.coms Chart of the Day - Questar Corp (STR)
Related Stocks
STR - Questar Corp.
Sym Last Chg Pct
STR 19.39 +0.24 +1.25%
The "Chart of the Day" is Questar Corp (STR), which showed up on Thursday's Barchart "NYSE 12-Month High" list. Questar on Thursday rallied by 1.25% and posted a new 3-year high of $19.42 after establishing an outside-day-up pattern. TrendSpotter has been Long since this past Monday at $19.17. In recent news on the stock, Questar on July 27 reported Q2 earnings of 22 cents (versus the consensus of 20 cents) and announced a $100 million stock repurchase program effective through 2012. Questar Corp, with a market cap of $1.5 billion, is a natural gas-focused energy company with five major lines of business - gas and oil exploration and production, midstream field services, energy marketing, interstate gas transportation, and retail gas distribution.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for NYSE 12-month highs. A new 12-month high is a popular sign of upside momentum. Then we 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.
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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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