UGI Corp (UGI) is today's Chart of the Day. Since the Trend Spotter signaled a buy on 11/27 the stock is up 18.88%. With an 88% Barchart technical buy signal the stock has advanced 16 times and is up 5.36% in the last month.
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Today's Barchart Chart of the Day is UGI Corp (UGI). I found the stock by sorting the New High list for frequency and found the stock near the top of the list with 16 advances and a gain of 5.36% in the last month. The stock has been on a steady climb since the Trend Spotter triggered a buy on 11/27 and has gained 18.88% since that date.
The Company is a holding company that operates propane distribution, gas and electric utility, energy marketing and related businesses through subsidiaries. Its majority-owned subsidiary, AmeriGas Partners, L.P., a Delaware limited partnership, conducts one of the nation's largest retail propane distribution businesses through its subsidiary AmeriGas Propane, L.P.
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:
- 88% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 5.36% in the last month
- Relative Strength Index 63.29%
- Barchart computes a technical support level at 39.58
- Recently traded at 39.11 with a 50 day moving average of 36.96
Fundamental factors:
- Market Cap $4.41 billion
- P/E 20.28
- Dividend yield 2.70%
- Revenue projected to increase 15.20% this year and another 6.80% next year
- Earnings estimated to grow 30.50% this year an additional 12.20% next year and average .20% annually for the next 5 years
- Wall Street analysts have issued 2 strong buy reports
- Financial Strength B++
Hold unless the stock drop 10% or starts trading below its 50 day moving average.
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