NCR Corp - Barchart's Chart of the Day

NCR Corp (NCR) is the Barchart Chart of the Day.  The relationship technology stock has a Trend Spotter buy signal, a Weighted Alpha of 33.30+ and gained 36.49% in the last year.

The Chart of the Day is NCR Corp (NCR).  I found the stock by sorting today's  New High List, eliminated the stocks not having positive gains in the last week and month and then used the Flipchart feature to review the charts.  Using this method help you locate stock that have done recent turnarounds before the rest of the heard notices.  Since the Trend Spotter signaled a buy on 1/8 the stock gained 7.28%.

They provide Relationship Technology solutions for the retail, financial, communications, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata warehouses, ATMs and store automation. The company's business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and world-leading hardware technology.

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:

• 48% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 16.16% in the last month
• Relative Strength Index 77.48%
• Barchart computes a technical support level at 35.10
• Recently traded at 37.57 with a 50 day moving average of 34.47

Fundamental factors:

• Market Cap $6.24 billion
• P/E 13.31
• Revenue predicted to grow 8.70% this year and another 6.10% next year
• Earnings estimated to increase 11.60% this year, an additional 11.50% next year and continue to increase at an annual rate of 15.00% for the next 5 years
• Wall Street brokerage firms issued 3 strong buy, 3 buy and 3 hold recommendations on the stock
• Financial Strength is B+

This stock is into a price turnaround and you should use the 100 day moving average to gauge when to take profits.