Standard Parking (STAN) is the Chart of the Day. The parking management services provider has a Trend Spotter buy signal, a 28.30+ Weighted Alpha and advanced over 29.40% in the last 6 months.
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The Chart of the Day is Standard Parking (STAN). I found the stock by sorting the New High List for frequency of new highs in the last month. In the last quarter the stock is up over 25.30%.
It is a national leader in parking management service. They tailor their parking solutions to the needs of their clients, operating facilities under both management contracts and lease arrangements. They also provide consulting services for the parking component of real estate development projects.
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
- 17 new highs and up 20.85% in the last month
- Relative Strength Index 82.75%
- Barchart computes a technical support level at 25.58
- Recently traded at 26.89 with a 50 day moving average of 23.32
Fundamental factors:
- Market Cap $588.62 million
- P/E 29.36
- Revenue projected to increase 84.60% this year and another 3.00% next year
- Earnings expected to decrease 36.20% this year, increase by 35.86% next year and continue to grow annually at a rate of 13.00%
- Wall Street analysts issued 3 strong buy and 1 buy recommendation
- Financial Strength is B
The stock has solid numbers and should be kept as long as it traded above its 50 day moving average.
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