Tuesday, September 11, 2012

FMC Corp - FMC 0 Barchart Chart of the Day


Barchart.coms Chart of the Day - FMC Corp (FMC)
The "Chart of the Day" is FMC Corp (FMC), which showed up on Monday's Barchart "All-Time High" list. FMC on Monday posted a new all-time high of $56.91 and closed +1.30%. TrendSpotter has been long since Aug 7 at $55.22. FMC was last featured on "Chart of the Day" as of the close on Feb 17 with the stock at $48.31. In recent news on the stock, FMC on July 31 reported Q2 EPS of 92 cents, above the analyst consensus of 90 cents. Bloomberg on June 20 carried an article about booming demand for lithium due to the increased use of lithium batteries for electronic devices as well as hybrid auto batteries, mentioning FMC as one of the world's largest producers of lithium. Lithium accounts for about one-quarter of FMC's sales. FMC Corp, with a market cap of $7.6 billion, is one of the world's leading producers of machinery and chemicals for industry and agriculture.

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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.
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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