Tuesday, March 8, 2016

Cash America International- Chart of the Day

Cash America International (CSH) is the Barchart Chart of the Day.  The pawn shop operator has a Trend Spotter buy signal, a Weighted Alpha of 51.80+ and gained 57.07% in the last year.

The Chart of the Day is Cash America International (CSH).  I found the pawn shop operator stock by using Barchart to sort today All Time High list first for the highest number of new highs in the last month, then for technical buy signals of 80+ then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/28 the stock gained 14.41%.


Cash America International Inc. is a specialty financial services enterprise principally engaged in acquiring, establishing and operating pawnshops which advance money on the security of pledged tangible personal property. The company intends to continue its business strategy of acquiring and establishing pawnshops, increasing its share of consumer loan business, and concentrating multiple pawnshops in regional and local markets in order to expand market penetration, enhance name recognition and reinforce marketing programs.

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:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 24.88% in the last month
  • Relative Strength Index 77.83% 
  • Technical support level at 35.39
  • Recently traded at 36.42 with a 50 day moving average of 30.70
Fundamental factors:
  • Market Cap $925.43 million
  • P/E 30.20
  • Dividend yield .89%
  • Revenue expected to grow by .80% this year but shrink by .90% next year
  • Earnings estimated to increase 33.70% this year, increase again by another 23.00% next year and continue to compound at an annual rate of 15.60% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 2 buy, 3 hold and 1 under perform reports on the stock

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