The Chart of the Day belongs to HopFed Bancorp (HFBC). I found the S&L by sorting the Top Signals list for the stock with the most frequent new highs in the last month. Since the Trend spotter signaled a buy on / the stock gained 16.12%.
HopFed Bancorp, Inc. was incorporated for the purpose of serving as a savings and loan holding company for Hopkinsville Federal Savings Bank. The business of the bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including U.S. Government and agency securities and mortgage-backed securities. The bank also originates single-family residential/construction loans and multi-family and commercial real estate loans.
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
- 16 new highs and up 13.06% in the last month
- Relative Strength Index 80.12%
- Barchart computes a technical support level ta 12.88
- Recently traded at 13.33 with a 50 day moving average of 11.92
Fundamental factors:
- Market Cap $97.58 million
- P/E 21.56
- Dividend yield 1.26%
- Revenue expected to grow 4.60% this year
- Earnings estimated to increase 10% next year
- 2 Wall Street analysts issued a hold on the stock
Use a stop loss 10% below its most recent high to protect gains
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