The Chart of the Day belongs to Dr Pepper Snapple Group (DPS). I found the stock by sorting the All Time High list for the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter singled a buy on 8/11 the stock gained 7.81%.
DPS is one of the largest beverage companies in the Americas. They manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean.
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
- 11 new highs and up the last month
- Relative Strength Index 71.98%
- Barchart computes a technical support level at 63.59
- Recently traded at 65.32 with a 50 day moving average of 61.00
Fundamental factors:
- Market Cap $12.83 billion
- P/E 17.36
- Dividend yield 2.59%
- Revenue expected to grow .70% this year and another 1.80% next year
- Earnings estimated to increase 11.20% this year, an additional 5.90% next year and continue to increase at an annual rate of 7.63% for the next 5 years
- Wall Street analysts issued 1 strong buy, 1 buy, 14 hold, 1 under perform and 1 sell recommendation on the stock
This stock has had a good run and just might be fully valued. The 50-100 Day MACD Oscillator has been the best technical indicator in the past for this stock.
No comments:
Post a Comment