BARCHART MORNING CALL 9/16

BARCHART MORNING CALL

Tuesday, September 16th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ14 -0.09%) this morning are down -0.14% and European stocks are down -0.39% as the FOMC starts a 2-day policy meeting. European stocks were also undercut after German investor confidence fell for a ninth consecutive month to a 23-month low. The ruble fell to a record low for a fourth day as it dropped to an all-time low of 38.88 per dollar as additional sanctions and closed access to foreign-exchange liquidity pummels Russia's currency. Asian stocks closed mostly lower: Japan -0.23%, Hong Kong -0.91%, China -1.99%, Taiwan -0.91%, Australia -0.51%, Singapore -1.20%, South Korea +0.34%, India -1.21%. China's Shanghai Stock Index dropped to a 1-week low after China Aug foreign direct investment unexpectedly declined for a second month. Commodity prices are mixed. Oct crude oil (CLV14 -0.36%) is down -0.24%. Oct gasoline (RBV14 +0.06%) is up +0.18%. Dec gold (GCZ14 +0.34%) is up +0.42%. Dec copper (HGZ14 +0.70%) is up +0.53%. Agriculture and livestock prices are mixed. The dollar index (DXY00 -0.03%) is down -0.02%. EUR/USD (^EURUSD) is up +0.01%. USD/JPY (^USDJPY) is down -0.06%. Dec T-note prices (ZNZ14 +0.15%) are up +6.5 ticks.
The German Sep ZEW survey of economic growth expectations fell -1.7 to 6.9, a smaller decline than expectations of -3.6 to 5.0, but still the lowest in 23 months. The Sep ZEW survey current situation tumbled -18.9 to 25.4, a much bigger decline than expectations of -4.3 to 40.0 and the lowest in 13 months.
China Aug foreign direct investment unexpectedly fell for a second month as it plunged -14.0% y/y, much weaker than expectations of +0.8% y/y.
UK Aug CPI rose +0.4% m/m and +1.5% y/y, right on expectations, while Aug core CPI rose +1.9% y/y, more than expectations of +1.8% y/y.
UK Jul ONS house prices rose +11.7% y/y, a larger increase than the +10.2% y/y gain in Jun and the most in 7 years.

U.S. STOCK PREVIEW

Today’s Aug final-demand PPI index is expected to edge higher to +1.8% y/y from +1.7% in July. Meanwhile, the Aug core final-demand PPI is expected to rise to +1.8% y/y from +1.6% in July. The market is unanimously expecting the FOMC after its 2-day meeting that begins today to announce another $10 billion cut in QE3 to $15 billion. Fed Chair Yellen will hold a press conference on Wednesday after the FOMC meeting and the FOMC will release updated forecasts. There are two earnings reports today from the Russell 1000 companies: FactSet (consensus $1.31), Adobe Systems (0.26).
Equity conferences this week include: Citi Investment Research Investor Meetings on Mon, Morgan Stanley Industrials Conference on Mon-Tue, Bank of America Merrill Lynch Global Consumer & Retail Conference on Tue, J.P. Morgan U.S. All Stars Conference on Tue, J.P. Morgan U.S. All Stars Conference on Tue, Morgan Stanley Marcellus-Utica Summit on Tue, RBC Capital Markets Financial Institutions Conference on Tue, Bank of America Merrill Lynch Media, Communications & Entertainment Conference on Tue-Wed, Bank of America Merrill Lynch Power & Gas Leaders Conference on Tue-Wed, Deutsche Bank Access Energy Conference on Tue-Wed, Credit Suisse Basic Materials Conference on Tue-Thu, Bank of America Merrill Lynch Global Healthcare Conference on Wed, Capital Link Global Commodities Energy & Freight Forum on Wed, Wolfe Research Power & Gas Leaders Conference on Wed-Thu, Morningstar Management Behind the Moat Conference on Wed-Thu, UBS Houston Energy Bus-less Tour on Wed-Thu, Credit Suisse Chemical & Ag Science Conference on Thu, Imperial Capital Global Opportunities Conference on Thu, MKM Partners Entertainment, Leisure & Internet Conference on Thu, 5th Annual Summit Internal Audit on Thu-Fri, GTC 7th CNS Partnering & Deal-Making on Thu-Fri, Imperial Capital Global Opportunities Conference on Thu, Tokyo Game Show 2014 on Fri, and Zelman & Associates Housing Summit on Fri.

OVERNIGHT U.S. STOCK MOVERS

Con-way (CNW +0.38%) was downgraded to 'Neutral' from 'Outperform' at RW Baird.
Arch Coal (ACI -3.05%) and Peabody (BTU -2.22%) were both downgraded to 'Reduce' from 'Neutral' at Nomura.
TRW Automotive (TRW -0.78%) was downgraded to 'Neutral' from 'Overweight' at JPMorgan Chase.
AngloGold (AU +1.64%) was upgraded to 'Overweight' from 'Neutral' at HSBC.
Terex (TEX -6.43%) was upgraded to 'Buy' from 'Hold' at Stifel.
Cummins (CMI -0.48%) was downgraded to 'Market Perform' from 'Outperform' at Wells Fargo.
Anglo American (AAUKY +0.84%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.
Science Application International Corporation (SAIC -0.06%) has been awarded a $423.8 million government bridge contract for maintenance, repair, and operations in New Jersey.
Microsoft (MSFT -0.96%) was upgraded to 'Outperform' from 'Sector Perform' at RBC Capital.
Adobe (ADBE -1.00%) was downgraded to 'Sector Perform' from 'Outperform' at RBC Capital.
Glenview Capital Management reported a 6.15% passive stake in Fossil (FOSL -2.60%) .

MARKET COMMENTS

Dec E-mini S&Ps (ESZ14 -0.09%) this morning are down -2.75 points (-0.14%). The S&P 500 Index on Monday dropped to a 3-week low and closed lower: S&P 500 -0.07%, Dow Jones +0.26%, Nasdaq -0.97%. Bearish factors included (1) the unexpected -0.1% decline in U.S. Aug industrial production, weaker than expectations of +0.3% and the first decline in 7 months, (2) the OECD’s cut its 2014 U.S. GDP forecast to 2.1% from a May estimate of 2.6%, and (3) concern that a slowdown in China’s economy will undercut global economic growth after China Aug industrial production rose by only +6.9% y/y, weaker than expectations of +8.8% y/y and the smallest pace of increase in 5-1/2 years.
Dec 10-year T-notes (ZNZ14 +0.15%) this morning are up +6.5 ticks. Dec 10-year T-note futures prices on Monday recovered from a 1-1/2 month low and closed higher. Bullish factors included (1) the unexpected decline in U.S. Aug industrial production, and (2) increased safe-haven demand for T-notes after the S&P 500 fell to a 3-week low. Closes: TYZ4 +5.50, FVZ4 +4.00.
The dollar index (DXY00 -0.03%) this morning is down -0.020 (-0.02%). EUR/USD (^EURUSD) is up +0.0001 (+0.01%) and USD/JPY (^USDJPY) is down -0.06 (-0.06%). The dollar index on Monday closed little changed. Negative factors for the dollar included (1) the OECD’s cut in its 2014 U.S. GDP forecast to 2.1% from a May estimate of 2.6% and (2) the unexpected decline in U.S. Aug industrial production. Closes: Dollar index +0.024 (+0.03%), EUR/USD -0.00225 (-0.17%), USD/JPY -0.122 (-0.11%).
Oct WTI crude oil (CLV14 -0.36%) this morning is down -22 cents (-0.24%) and Oct gasoline (RBV14 +0.06%) is up +0.0046 (+0.18%). Oct crude and gasoline prices on Monday shook off early losses and closed higher: CLV4 +0.65 (+0.70%), RBV4 +0.00133 (+0.53%). Bullish factors included (1) a weaker dollar, and (2) the larger-than-expected increase in the Sep Empire manufacturing index to the fastest pace of expansion in 4-3/4 years. Crude prices had opened lower with Oct gasoline at a 10-1/4 month low on bearish factors that included (1) Chinese demand concerns after China Aug industrial production rose at the slowest pace in 5-1/2 years, and (2) the unexpected decline in U.S. Aug industrial production.

GLOBAL EVENT CALENDAR09/16/2014

US	0830 ET	Aug PPI final demand expected unch m/m and +1.8% y/y, Jul +0.1% m/m and +1.7% y/y. Aug PPI final demand ex food & energy expected +0.1% m/m and +1.8% y/y, Jul +0.2% m/m and +1.6% y/y.
	1030 ET	FOMC begins 2-day policy meeting.
UK	0430 ET	UK Aug CPI expected +0.4% m/m and +1.5% y/y, Jul -0.3% m/m and +1.6% y/y. Aug core CPI expected +1.8% y/y, Jul +1.8% y/y.
	0430 ET	UK Aug RPI expected +0.4% m/m and +2.4% y/y, Jul -0.1% m/m and +2.5% y/y. Aug RPI ex-mortgage interest payments expected +2.5% y/y, Jul +2.6% y/y
	0430 ET	UK Aug PPI input prices expected -0.4% m/m and -6.9% y/y, Jul -1.6% m/m and -7.3% y/y. Aug PPI output prices expected -0.1% m/m and -0.3% y/y, Jul -0.1% m/m and -0.1% y/y. Aug PPI output core expected unch m/m and +0.9% y/y, Jul unch m/m and +0.9% y/y
	0430 ET	UK Jul ONS house prices, Jun +10.2% y/y.
GER	0500 ET	German Sep ZEW survey economic growth expectations expected -3.6 to 5.0, Aug 8.6. Sep ZEW survey current situation expected -4.3 to 40.0, Aug 44.3.
EUR	0500 ET	Eurozone Q2 labor costs, Q1 +0.9% y/y.

U.S. STOCK CALENDAR09/16/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
FactSet Research Systems Inc	FDS US	7:00	Q4 2014 Earnings Release	Q4 2014	1.308
FactSet Research Systems Inc	FDS US	11:00	Q4 2014 Earnings Call	Q4 2014
Adobe Systems Inc	ADBE US	17:00	Q3 2014 Earnings Call	Q3 2014
Adobe Systems Inc	ADBE US	Aft-mkt	Q3 2014 Earnings Release	Q3 2014	0.264
MetLife Inc	MET US	19:30	Investor Day - Asia
Varian Medical Systems Inc	VAR US		Investor Meeting	Y 2014
Yum! Brands Inc	YUM US		Investor & Analyst Conference - Day 2	Y 2014
LPL Financial Holdings Inc	LPLA US		Roadshow - Chicago	Y 2014

CSIQ, LPLA and ETFC Trimmed Away

I'm not in a wholesale sell out mode but I'm trimming stocks that exhibit failure to keep their momentum.  I trimmed Canadian Solar (CSIQ), LPL Investments (LPLA) and E*Trade Financial (ETFC) for the Barchart Van Meerten New High portfolio.


Canadian Solar (CSIQ)

Barchart technical indicators:

• 88% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 35.39% off its recent high
• Relative Strength Index 34.00%

LPL Investments (LPLA)

Barchart technical indicators:

• 72% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 12.19% off its recent high
• Relative Strength Index 34.98%

E*Trade Financial (ETFC)

Barchart technical indicators:

• 56% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 daily moving averages
• 22.40% off its recent high
• Relative Strength Index 29.49%

LPL Investment Holdings - Barchart's Chart of the Day

LPL Investment Holdings (LPLA) is the Barchart Chart of the Day.  The Company provides brokerage and advisory services to independent financial advisors.  The stock has a Trend Spotter buy signal, a Weighted Alpha of 79.74+ and gained 77.24% in the last 12 months.


The Barchart Chart of the Day is LPL Investment Holdings (LPLA).  I found the stock by sorting the New High List for frequency in the last month, eliminated the stock that didn't have positive gains in the last week and month and used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 11/11 the stock gained 27.42%.

LPL Financial Holdings Inc. is engaged in providing an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, general securities, alternative investments, retirement plans, fixed income, and insurance offerings.

 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
• 18 new highs and up 19.05% in the last month
• Relative Strength Index 92.31%
• Barchart computes a technical support level at 52.44
• Recently traded at 52.81 with a 50 day moving average of 45.23

Fundamental factors: 

• Market Cap $5.55 billion
• P/E 23.99
• Dividend yield 1.44%
• Revenue predicted to grow 12.30% this year and another 9.30% next year
• Earnings estimated to increase 17.70% this year, an additional 10.90% next year and continue to increase annually by 17.00% for the next 5 years
• Wall Street analysts issued 2 strong buy, 2 buy, 7 hold and 2 under perform recommendations of the stock
• Financial Strength is B++

Watch the 100 day moving averages for signs of price weakness.

Barchart Morning Call 4/2

BARCHART MORNING CALL

Tuesday, April 2nd, 2013View Older Reports

Everything you need to know about the markets in one free daily newsletter.

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM13 +0.40%) this morning are up +0.42% on a +1.19% rally in the Euro Stoxx 50 index and reduced concerns about Europe. The Italian 10-year bond yield is down 4 bp this morning and the Cyprus stock market today reopened for the first time in two weeks with a loss of only -2.5%. Asian stocks today closed mixed. The Nikkei index today closed down -1.08%, the Hong Kong Hang Seng closed +0.31%, and China's CSI 300 index closed -0.27%. Commodity prices this morning are up +0.25%. May crude oil (CLK13 -0.18%) is down -0.08%, May gasoline (RBK13 -0.52%) is down -0.28%, June gold (GCM13 -0.22%) is down -0.19%, May copper (HGK13 -0.06%) is down -0.12%, and agriculture prices are trading mostly higher. The dollar index (DXY00 +0.05%) this morning is virtually unchanged, EUR/USD (^EURUSD) is slightly lower by -0.07%, and USD/JPY (^USDJPY) is up +0.09%. June 10-year T-note prices (ZNM13 -0.04%) are down 2 ticks.
The Cyprus General Market Index fell by only -2.5% today after the Cyprus stock market finally reopened after being closed for two weeks during the bailout crisis. Cyprus officials are meeting with troika officials starting today to try to obtain easier bailout terms than on the initial deal.
North Korea now says that it plans to restart the plutonium-based nuclear reactor that was closed in 2007 as part of a disarmament deal. However, the U.S. has said it has still not detected any unusual troop movements in North Korea and therefore is not worried about any major military action from North Korea. The U.S. and South Korea nevertheless worry that North Korea may launch some limited military provocation. South Korea's Kospi stock index today fell moderately by -0.56%.
The Italian political deadlock continues as a 10-person committee formed by President Napolitano tries to negotiate a coalition government. There are only six weeks left until President Napolitano's term ends. The Italian 10-year bond yield today fell by 4 bp to 4.72%, giving back some of last week's 25 bp surge.
Japanese Prime Minister Abe today backed off his strong pressure on the BOJ a bit when he said that the BOJ should not pursue a 2% inflation target "at all costs" and that the BOJ may fail to reach the 2% target. He said in comments to Parliament that, "What is important is to aim steadily for the target." The BOJ at its 2-day meeting on Wed-Thur, the first chaired by the new BOJ Governor Kuroda, is unanimously expected to expand its asset purchase target.
Germany's final-March manufacturing PMI was revised slightly higher by +0.1 point to 49.0 from the preliminary report of 48.9. The Eurozone's final-March manufacturing PMI was revised +0.2 points higher to 46.8 from 46.6.
The UK March manufacturing PMI rose by +0.4 points to 48.3 from 47.9 in Feb, which was weaker than market expectations for a +0.8 point increase to 48.7.
The Eurozone Feb unemployment rate was reported at a record 12.0%, up by +0.1 point from the preliminary Jan report of 11.9%, although Jan was revised higher to +12.0%.
The market is waiting for today's German March CPI report, which is expected to ease to +1.3% y/y from +1.5% y/y in Feb. Four of the German states released their CPI reports today and the reports were in line with market expectations, showing increases ranging from +1.3% to +1.5% y/y.

U.S. STOCK PREVIEW

Today’s Feb factory orders report is expected to show an increase of +2.9% m/m, which would more than reverse the -2.0% m/m decline seen in January. Today’s March total vehicle sales report is expected to edge lower to 15.30 million units from 15.33 million in February. In the Russell 1000, McCormick already reported Q1 EPS today of 57 cents (1 cent above the consensus), while Global Payments (consensus $0.89) will report after the close. The only other major earnings reports this week are Monsanto and ConAgra Foods on Wednesday. Conferences this week include Utility Corporate Access Day on Tuesday, Wells Fargo Tech Transformation Summit on Tuesday, Boston Biotech Business Development Conference on Tue-Wed, J.P. Morgan Private Builder/Private Equity Conference on Thursday, China Business Conference 2013 in NY on Friday, and Women in the World Summit 2013 on Friday.

June E-mini S&Ps (ESM13 +0.40%) this morning are up +6.50 points (+0.42%) mainly due to the 1.19% rally this morning in the Euro Stoxx 50 index. The S&P 500 index on Monday closed moderately lower on long liquidation pressure sparked by the weaker-than-expected ISM manufacturing index. Closes: S&P 500 -0.45%, Dow Jones -.04%, Nasdaq 100 -0.77%.

OVERNIGHT U.S. STOCK MOVERS

• Apple (AAPL -3.11%) today was downgraded to a Buy from Conviction Buy at Goldman Sachs since Apple's recent product cycle has not been as impressive in user growth or market share as expected.
• Apple's (AAPL -3.11%) iPhone profits likely peaked in 2012 due to smartphone pricing pressure, according to a report released today by Jefferies.
• McCormick (MKC -1.14%) reported Q1 EPS of 57 cents, which was 1 cent above the consensus of 56 cents.
• BGC Partners (BGCP -7.45%) soared by 40% in after-hours trading after announcing the sale of its Treasuries platform to Nasdaq (NDAQ) for $750 million.
• Health insurers rallied in after-hours trading after CMS announced that insurers will get a 3.3% rate increase in 2014 as compared with previous information indicating a 2.3% reduction. Humana (HUM +8.55%) rallied 8%, UnitedHealth (UNH +3.08%) rallied 4%, and Aetna (AET +2.44%) rallied 3%.
• Urban Outfitters (URBN -0.85%) rallied 4% in after-hours trading after the company disclosed in its 10-K that Q1 comparable store sales were up by high single-digits.
• Shoe Carnival (SCVL -1.13%) fell 3% in after-hours trading after reporting disappointing Q1 guidance.
• Nordic American Tanker (NAT -4.59%) fell 10% in after-hours trading after filing a registration statement to sell $87 million of common stock.
• Nuance (NUAN unch) rallied 8% in after-hours trading after Carl Icahn reported a 9.27% passive stake in the company.

MARKET COMMENTS

June 10-year T-notes (ZNM13 -0.04%) this morning are down 2 ticks. June 10-year T-note prices on Monday closed mildly higher on the weaker-than-expected ISM manufacturing index. Closes: TYM3 +4.5, FVM3 +3.25.
The dollar index (DXY00 +0.05%) this morning is little changed while EUR/USD (^EURUSD) is slightly lower by -0.0009 (-0.07%). USD/JPY (^USDJPY) is up +0.08 (+0.09%). The dollar index on Monday closed moderately lower on the drop in the ISM manufacturing index and concerns about whether the U.S. economy is headed for a soft spot. Closes: Dollar index -0.24 (-0.29%), EUR/USD +0.0030 (+0.23%), USD/JPY -0.99 (-1.05%).
May WTI crude oil (CLK13 -0.18%) this morning is slightly lower by -0.08 (-0.08%). May gasoline (RBK13 -0.52%) is down -0.0086 (-0.28%). Crude oil and gasoline prices on Monday closed slightly lower. WTI crude oil prices were pressured after Exxon on Friday was forced to shut-down its 96,000 bpd Pagasus pipeline carrying crude oil from Illinois to the Gulf Coast due to an oil spill near Mayflower, Arkansas. The shut down is likely to cause a bigger pile-up of oil at Cushing as more oil is diverted from Canada into the Cushing system. Crude oil was also pressured by the consensus for a 2.25 million barrel increase in crude oil inventories in Wednesday’s EIA report. Closes: CLK3 -0.16 (-0.16%), RBK3 -0.0091 (-0.29%).

GLOBAL EVENT CALENDAR04/02/2013

US	0945 ET	Mar New York ISM index, Feb +2.1 to 58.8.
	1000 ET	Feb factory orders expected +2.9% m/m, Jan -2.0% m/m.
	1300 ET	Minneapolis Fed President Narayana Kocherlakota delivers speech entitled “Improving the Outlook with Better Monetary Policy” in Grandforks ND to the Chamber of Commerce.
	1330 ET	Atlanta Fed President Dennis Lockhart speaks at Kiwanis Club of Birmingham, Alabama.
	1700 ET	March total vehicle sales expected 15.30 mln, Feb 15.33 mln. March domestic vehicle sales expected 12.08 mln, Feb 11.99 mln.
	1630 ET	API weekly U.S. oil statistics.
	1930 ET	Richmond Fed President Jeffrey Lacker and Chicago Fed President Charles Evans discuss “Monetary Policy: Opportunities and Limit” at Virginia Commonwealth University 2013 Spring Investors Circle.
JPN	0100 ET	Japan March vehicle sales, Feb -12.2% y/y.
EUR	0400 ET	Eurozone final-March manufacturing PMI expected unrevised from early-March 46.6.
	0500 ET	Eurozone Feb unemployment rate expected 12.0%, Jan 11.9%.
GER	0355 ET	German final-March manufacturing PMI expected unrevised from early-March 48.9.
	0800 ET	German preliminary March CPI expected +0.4% m/m and +1.3% y/y, Feb +0.6% m/m and +1.5% y/y. Preliminary March CPI (EU harmonized) expected +0.3% m/m and +1.7% y/y, Feb +0.8% m/m and +1.8% y/y.
UK	0430 ET	UK March manufacturing PMI expected +0.8 to 48.7, Feb 47.9.
	0430 ET	UK Feb net consumer credit expected +400 mln pounds, Jan +400 mln pounds. Feb net lending secured on dwellings expected +400 mln pounds, Jan +100 mln pounds.
	0430 ET	UK Feb mortgage approvals expected 53,700, Jan 54,700.
	0430 ET	UK Feb M4 money supply, Jan +0.9% m/m and -0.8% y/y.
	1901 ET	UK March BRC shop price index, Feb +1.1% y/y.
CH	2100 ET	China March non-manufacturing PMI (National Bureau of Statistics), Feb -1.7 to 54.5.
	2145 ET	China March HSBC services PMI, Feb -1.9 to 52.1.

U.S. STOCK CALENDAR04/02/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
McCormick & Co Inc/MD	MKC US	4/2/2013	Q1 2013 Earnings Call	Q1 2013
Ford Motor Co	F US	4/2/2013	March 2013 Sales and Revenue Release	2013
Ford Motor Co	F US	4/2/2013	March 2013 Sales and Revenue Call	2013
General Motors Co	GM US	4/2/2013	March 2013 Sales and Revenue Call	2013
Global Payments Inc	GPN US	4/2/2013	Q3 2013 Earnings Call	Q3 2013
Global Payments Inc	GPN US	4/2/2013	Q3 2013 Earnings Release	Q3 2013	0.887
McCormick & Co Inc/MD	MKC US	4/2/2013	Q1 2013 Earnings Release	Q1 2013	0.564
General Motors Co	GM US	4/2/2013	March 2013 Sales and Revenue Release	2013
LPL Financial Holdings Inc	LPLA US	4/2/2013	Roadshow- Chicago	Y 2013

LPL Investments - LPLA - moving up

On the Barchart New High list today - LPL Investments (LPLA)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 17.38% in the last month
• Relative Strength Index 78.73%
• Barchart computes a technical support level at 32.90
• Recently Traded at 33.25 with a 50 day moving average of 29.54