The Chart of the Day belongs to Tremor Video (TRMR). I found the video advertising stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 8/10 the stock gained 61.86%.
Tremor Video, Inc. offers technology-driven video advertising solutions for advertisers and agencies, and publisher partners primarily in the United States and internationally. Its technology and solutions comprise VideoHub that analyzes in-stream video content, detects viewer, system attributes and leverages its repository of stored data to optimize video ad campaigns for brand-centric metrics, as well as enables advertisers and agencies to understand why, when and where viewers engage with their video ads through analytics and measurement tools. Tremor Video, Inc. is headquartered in New York.
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:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 61.86% in the last month
- Relative Strength Index 88.06%
- Technical support level at 3.67
- Recently traded at 3.82 with a 50 day moving average of 2.60
Fundamental factors:
- Market Cap $186.77 million
- Earnings estimated to grow 95.00% this year, 150.00% next year and compound annually by 18.00% for the next 5 years
- A Wall Street analyst issued a strong buy recommendation on the stock
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