The Chart of the Day belongs to VOC Energy Trust (VOC). I found the stock by sorting the New High List for new high frequency in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 5/2 the stock gained 12.39%.
VOC Energy Trust (VOC) is a Delaware statutory trust having interest in the oil and natural gas properties in the states of Kansas and Texas held by VOC Sponsor. VOC Energy Trust is based in Austin, Texas.
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
- 18 new highs and up 11.00% in the last month
- Relative Strength Index 86.83%
- Barchart computes a technical support level at 16.28
- Recently traded at 16.95 with a 50 day moving average of 15.23
Fundamental factors:
- Market Cap $288.15 million
- Dividend yield 12.58%
- Revenue expected to decrease 8.90% this year and another 14.80% next year
- Although earnings are estimated to increase by 8.30% this year they are estimated to decrease by 17.00% next year and continue to decrease at an annual rate of 8.70% over the next 5 years
- Wall Street analysts issued 3 hold recommendations on the stock
This is an unusual security and should be analyzed only on its cash flow to stockholders
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