Ventas - Barchart's Chart of the Day

Summary:

Ventas (VTR) is the Chart of the Day.  Since the Trend Spotter triggered a buy signal on 1/17 the stock is up 18.60%.  In just the last month the stock advanced 20 times for a gain of 10.70% in spite of the market pull back.

Article:

The Chart of the Day is Ventas (VTR).  With everything headed south this stock continues to advance. 20 new highs and up 10.70% in the last month plus a Trend Spotter buy.  Analysts predict growing revenue and earnings so both the technical and fundamental factors look good.  The stock was right near the top of the New High list when sorted for frequency.

Ventas, Inc. is a healthcare real estate investment trust and real estate seems to be making a come back.

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
• 20 new highs and up 10.70% in the last month
• Relative Strength Index 78.74%
• Barchart computes a technical support level at 76.62
• Recently traded at 77.72 with a 50 day moving average of 71.60

Fundamental factors:

• Market Cap $22.97 billion
• P/E 20.41
• Dividend yield 3.45%
• Revenue projected to grow 8.20% this year and another 4.80% next year
• Earnings estimated to increase 6.60% this year, an additional 5.20% next year and continue to increase 6.00% annually for 5 years out
• Analysts issued 3 strong buy, 1 buy, 9 hold and 2 strong sell reports
• Financial Strength B+

Sell if you lose 10% or the stock drops below its 50 day moving average.