The Chart of the Day belongs to Liberty Broadband Communications (LBRDA). I found the cable TV stock by using Barchart to sort today's All Time High list first by the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 11/22 the stock gained 12.39%.
Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado.
Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado.
Barchart technical indicators:
- 100% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 7.06% in the last month
- Relative Strength Index 72.00%
- Technical support level at 77.39
- Recently traded at 78.00 with a 50 day moving average of 71.36
Fundmaental factors:
- Market Cap $2.0 billion
- Revenue expected to decrease 37.60% this year and another 4.60% next year
- Earnings estimated to increase 2272.40% this year, decrease 97.30% next year but compound at an annual rate of 2.00% for the next 5 years
- In spite of lackluster forecasts Wall Street analysts issued 2 strong buy recommendations on the stock.