Hawaiian Holdings - Barchart's Chart of the Day

Hawaiian Holdings (HA) is the Barchart Chart of the Day  The airline holding company has a Trend Spotter buy signal, a Weighted Alpha of 178.32 and gained 176.42% in the last year.

The Chart of the Day is Hawaiian Holding (HA).  I found the stock by sorting the All Time 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 10/20 the stock gained 64.49%.

Hawaiian Holdings is a holding company of Hawaiian Airlines. Hawaiian Airlines is the largest airline headquartered in Hawaii. They are engaged primarily in the scheduled transportation of passengers, cargo and mail. Scheduled passenger service consists of daily service between Hawaii and Las Vegas, Nevada and the four key United States West Coast gateway cities of Los Angeles and San Francisco, California, Seattle, Washington and Portland, Oregon; daily service among the major islands of Hawaii; and bi-weekly service to Pago Pago, American Samoa, Papeete and Tahiti.

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 signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 30.57% in the last month
• Relative Strength Index 83.18%
• Barchart computes a technical support level at 22.67
• Recently traded at 23.91 with a 50 day moving average of 17.55

Fundamental factors:

• Market Cap $1.29 billion
• P/E 16.87
• Revenue expected to grow 7.40% this year and another 5.70% next year
• Earnings estimated to increase 80.70% this year, an additional 37.70% next year and continue to compound at an annual rate of 46.20 for at least 5 years
• Wall Street analysts issued 3 strong buy, 1 buy and 6 hold recommendations on the stock

Airlines are volatile so use 10% drop of the most recent high as an exit point.