The Chart of the Day belongs to Blackhawk Networks (HAWKB). I found the stock on the All Time High list after I sorted for the highest technical buy signals. The stock has not been trading for a full year yet.
HAWKB is a prepaid payment network utilizing proprietary technology to offer a broad range of gift cards, other prepaid products and payment services in the United States and 20 other countries. It distributes digital media and e-commerce, dining, electronics, entertainment, fashion, gasoline, home improvement, and travel closed loop gift cards and single-use non-reloadable gift cards; prepaid handsets; prepaid financial services products, digital wallet services; corporate incentives and consumer promotions solutions. The Company distributes its products through grocery, convenience, specialty and online retailers in the Americas, Europe, Australia, and Asia.
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
- 8 new highs and up 8.51% in the last month
- Relative Strength Index 69.45%
- Barchart computes a technical support level at 27.03
- Recently traded at 29.95 with a 50 day moving average of 27.81
Fundamental factors:
- Market Cap $1.20 billion
- Since its spin-off from Safeway is less than a year old no Wall Street analysts presently have recommendations on the stock.
Pure technical play so watch the 50 and 100 day moving averages closely
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