Argan is Barchart's Chart of the Day

Argan (AGX) is the Barchart Chart of the Day.  The specialty construction stock has a Trend Spotter buy signal, a Weighted Alpha o 134.00+ and gained 148.25% in the last year.

The Chart of the Day belongs to Argan  (AGX).  I found the stock by sorting today's All Time High list for the stock that had gained the most in the last 12 month.  Argan gained 148.25%.  Since the Trend Spotter signaled  a buy on 5/9 the stock gained 34.07%,

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.

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 12.92% in the last month
• Relative Strength Index 78.12%
• Barchart computes a technical support level at 35.81
• Recently traded at 38.15 with a 50 day moving average of 31.70

Fundamental factors:

• Market Cap $546.12 million
• P/E 14.19
• Revenue expected to grow 62.50% this year and another 21.70% next year
• Earnings estimated to increase 13.80% next year
• The one Wall Street analysts that follows the stock has a strength buy call

Interesting buy relies on government contracts.  Watch the 50 day moving average and exit at the 100 day moving average.