Friday, December 30, 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 53.31 -0.22 -0.41%
The "Chart of the Day" is Dominion Resources (D), which showed up on Thursday's Barchart "All Time High" list. Dominion on Thursday edged to a new all-time high of $53.59 and closed up 0.85%. TrendSpotter has been Long since Dec 20 at $52.12. In recent news on the stock, Dominion's board on Dec 20 affirmed the previous year's dividend policy of targeting a dividend payout ratio of 60-65% of expected earnings. Dominion on Oct 28 reported Q3 adjusted EPS of 95 cents, slightly above the consensus of 94 cents. Dominion Resources, with a market cap of $30 billion, is an integrated utility operating mainly in the northeastern U.S. and is also one of the largest independent oil and natural gas exploration and production companies in North America. The company also operates one of the nation's largest underground natural gas storage system.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.
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: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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