Vanguard Natural Resources - Barchart's Chart of the Day

Vanguard Natural Resources (VNR) is the Barchart Chart of the Day.  The independent oil and gas stock has a Trend Spotter buy signal, a Weighted Alpha of 24.70+ and gained 14.75% in the last year while paying a 7.88% dividend.

The Chart of the Day belongs to Vanguard Natural Resources (VNR).  I found the stock buy using Barchart to sort today's New High list for new high frequency in the last month, ten used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 5/27 the stock is up 4.12%.

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:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 4.49% in the last month
• Relative Strength Index 76.62%
• Barchart computes a technical support level at 31.81
• Recently traded at 32.11 with a 50 day moving average of 30.89

Fundamental factors:

• Market Cap $2.55 billion
• P/E 31.64
• Dividend yield 7.88%
• Revenue predicted to increase by 39.10% this year and another 13.70% next year
• Earnings estimated to increase 4530% this year , an additional 15.90% next year and continue to increase annually by 5.27% for the next 5 years
• Wall Street analysts issued 4 strong buy, 6 buy and 6 hold recommendations on the stock

Energy stock rise and fall quickly so watch the 100 day moving average closely.