The Chart of the Day is VSE Corp (VSEC). I found the stock buy sorting the New High List for the best Barchart technical indicators, then used the Flipchart feature to review the charts. Since the Tend Spotter signaled a buy on 2/24 the stock gained 29.66%.
VSEC is a diversified Federal Services company of choice for solving issues of global significance with integrity, agility, and value. The company serves as a centralized management and consolidating entity for the Company's business operations. VSE is dedicated to making its clients successful by delivering talented people and innovative solutions for consulting and program management, logistics, equipment and vehicle/vessel refurbishment, engineering, information technology, energy consulting, and construction program management.
The status of 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
- 9 new highs and up 19.94% in the last month
- Relative Strength Index 70.91%
- Barchart computes a technical support level at 52.79
- Recently traded at 62.47 with a 50 day moving average of 52.79
Fundamental factors:
- Market Cap $332.97 million
- P/E 13.54
- Dividend yield .59%
- Revenue predicted to decrease 5.90% this year and another 2.10% next year
- Earnings estimated to increase 2.20% this year, decrease 1.70% next year but compound annually by 8.00% for the next 5 years
- Only Stifel Nicolaus follows the stock and they have a hold recommendation
Volatile but can be played as a technical stock. Watch the 50 and 100 day averages for exit points.
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