Accelerate Diagnostics (AXDX)

Summary:

Acellerate Diagnostics (AXDX) is today's Chart of the Day.  Barchart helps you find small unknown stocks before they become widely followed. In the last quarter this stock advanced in 25 sessions for a gain of 113% !

Article:

Today's Chart of the Day is an unknown stock called Accelerate Diagnostics (AXDX).  In the last month the stock advanced in 18 sessions for a gain of 62.60%.  Barchart can help you find unknown stocks with great momentum that have yet to be discovered by the analysts.

They are focused on developing and commercializing instrumentation for the rapid identification and antibiotic susceptibility testing of infectious pathogens. They are developing BACcel(TM) system, a rapid diagnostic platform for diagnosis in life-threatening bacterial infections and OptiChem(R) surface coatings for use in micro arraying components.

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.

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 62.60% in the last month
• Relative Strength Index 90.96%
• Barchart computes a technical support level at 7.22
• Recently traded at 8.52 with a 50 day moving average of 5.23

Fundamental factors:

• This is a stock that is not followed by any of the professional or individual investing sites.  I'm showing it today only as an illustration of the power of Barchart to find interesting momentum stocks before the rest of the investing world.  It was found by sorting the Barchart New High list of stocks trading over 100K shares a day and sorted for frequency.

Exit strategy:  If you decide to take a chance on this high flyer then I suggest you follow it on a daily basis and sell just as soon as it shows any reversal signals