The Chart of the Day belongs to Health Insurance Innovations (HIIQ). I found the health insurance stock by using Barchart to sort Today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 5/4 the stock gained 71.07%.
Health Insurance Innovations, Inc. operates as a developer and administrator of web-based individual health insurance plans and ancillary products. Its product portfolio consists of short-term medical plans, accident, sickness & hospital medical plans, ancillary insurance, life insurance, lifestyle and discount services. Health Insurance Innovations, Inc. is based in Tampa, Florida.
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
- 12 new highs and up 33.46% in the last month
- Relative Strength Index 77.39%
- Technical support level at 33.78
- Recently traded at 34.30 with a 50 day moving average of 26.28
Fundamental factors:
- Market Cap $432 million
- P/E 22.73
- Revenue expected to grow 24.90% this year and another 15.4% next year
- Earnings estimated to increase 36.60% his year, an additional 19.60% next year and continue to compound at an annual rate of 1038% for the next 5 years
- Wall Street analysts issued 5 strong buy and 1 hold recommendation on the stock