Wednesday, March 20, 2013

Lennox International (LII) Barchart's Chart of the Day

Summary:

Lennox International (LII) is today's Chart of the Day.  The stock triggered a chain of Trend Spotter buys and since 10/24 has risen more that 30%.  In the last month alone the stock advanced in 16 sessions for a gain of 12.71%.

Article:

Today's Chart of the Day is Lennox International (LII) who in the last month has advanced in 16 sessions for a 12.71% gain.  Since 10/24 the Trend Spotter has been either buy or hold and the stock is up 30%.  The stock was near the top of the Barchart New High list after sorting for frequency.

The Company is a global provider of climate control solutions. They design, manufacture and market a broad range of products for the heating, ventilation, air conditioning and refrigeration markets. The products are sold under brand names that include Lennox, Armstrong Air, Bohn, Larkin, Heatcraft and others.



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:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 12.71% in the last month
  • Relative Strength Index 78.91%
  • Barchart computes a technical support level at 63.70
  • Recently traded at 65.34 with a 50 day moving average of 58.74
Fundamental factors:
  • Market Cap $3.29 billion
  • P/E 25.48
  • Dividend yield 1.26%
  • Revenue projected to increase 4.90% this year and another 6.10% next year
  • Earnings estimated to increase 25.60% this year, an additional 20.10% next year and continue to rise at the annual rate of 18.63% for the next 5 years
  • Analysts are mixed with 2 strong buy, 7 hold and 3 strong sell recommendations despite positive earnings forecasts
  • Financial Strength B++
Exit strategy:  Consider a sale if you lose 10% from your entry point or the stock trades below is 50 day moving average.

1 comment:

  1. Thank you so much for sharing such a nice and detailed post with us.I really love to know more about stock market live as i am going to make my career in this field.

    ReplyDelete