6 Sky Rocket Stocks

Today's featured stocks -  I'll withhold the term  "stock pick" -  are highly volatile and before you consider adding them to your portfolio please do additional due diligence.

On days when the market seems to be regrouping or taking a breather is a good day to learn how to screen for stocks that are beating the trend.  Today I used Barchart to screen all the Stocks Hitting New Highs list, then sorted them for frequency and used the flipchart function to pan through the charts.  Some have risen too fast to continue much longer and some seem to be rising in spite of poor fundamentals but I decided to give you the charts anyway.

Today's list includes Orbitz Worldwide (OWW), Cerus Corp (CERS), First Financial Holdings (FFCH), E I DuPont de Nemours and Co (DD), Arch Capital Group (ACGL) and Universal Corp (UVV):

Orbitz WorldWide (OWW)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 78.68% in the last month
• Relative Strength Index 88.86%
• Barchart computes a technical support level at 5.25
• Recently traded at 5.95 with a 50 day moving average of 3.55

Cerus Corp (CERS)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 40.95% in the last month
• Relative Strength Index 85.02%
• Barchart computes a technical support level at 4.19
• Recently traded at 4.45 with a 50 day moving average of 3.33

First Financial Holdings (FFCH)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 31.77% in the last month
• Relative Strength Index 89.30%
• Barchart computes a technical support level at 21.03
• Recently traded at 21.54 with a 50 day moving average of 16.72

E I DuPont de Nemours and Co (DD)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 6.07% in the last month
• Relative Strength Index 69.38%
• Barchart computes a technical support level at 49.574
• Recently traded at 49.91 with a 50 day moving average of 47.51

Arch Capital Group (ACGL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 8.75%
• Relative strength Index 81.80%
• Barchart computes a technical support level at 50.98
• Recently traded at 51.71 with a 50 day moving average of 47.35

Universal Corp (UVV)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 4.19% in the last month
• Relative Strength Index 66.46%
• Barchart computes a technical support level at 57.07
• Recently traded at 57.97 with a 50 day moving average of 54.81

Orbitz WorldWide -OWW- Barchart Chart of the Day

Summary:
Orbitz WorldWide (OWW) is the Chart of the Day. Since signaling a Trend Spotter buy on 1/28 the stock is up 68.33%.  In the last month the stock advanced 16 times for a gain of 83.03%.


Article:

Orbitz WorldWide (OWW) is the Barchart chart of the day.  Each day I sort the Barchart New High list for frequency and then use the flipchart function to look at the charts.  Orbitz was right near the top of the list with 16 new highs and a gain of 83.03% in just the last month.

The Company operates as an online travel company that enables leisure and business travelers to research, plan, and book a range of travel products. It provides a set of travel products, including air, hotels, vacation packages, car rentals, cruises, travel insurance, and destination services, such as ground transportation, event tickets, and tours worldwide.

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
• 16 new highs and up 83.03% in the last month
• Relative Strength Index 82.60%
• Barchart computes a technical support level at 4.67
• Recently traded at 5.05 with a 50 day moving average of 3.26

Fundamental factors:

• Market Cap $530.50 million
• P/E 25.26
• Revenue projected to be up 4.40% this year and another 3.30% next year
• Earning estimated to increase by 44.40% this year, an additional 30.80% next year and increase annually by 10.00% for the next 5 years
• Analysts issued 1 strong buy, 5 hold and a strong sell recommendation
• Financial Strength C+