Additions to my portfolio

Today I added Vanda Pharmaceuticals (VNDA), Shuffle Master (SHFL), Avanir Pharmaceuticals (AVNR), Callidus Software (CALD), TearLab (TEAR) and E-Commerce China Dangdang (DANG) to the Barchart Van Meerten New High portfolio for positive price momentum:

Vanda Pharmaceuticals (VNDA)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 109.68% in the last month 
• Relative Strength Index 93.81%
• Barchart computes a technical support level at 9.66
• Recently traded at 10.17 with a 50 day moving average of 5.56

Shuffle Master (SHFL)

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 10.89% in the last month
• Relative Strength Index 67.75%
• Barchart computes a technical support level at 16.65
• Recently traded at 17.52 with a 50 day moving average of 15.99

Avanir Pharmaceuticals (AVNR)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 22.90% in the last month
• Relative Strength Index 69.71%
• Barchart computes a technical support level at 3.36
• Recently traded at 3.83 with a 50 day moving average of 3.10

Callidus Software (CALD)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 19.23% in the last month
• Relative Strength Index 75.06%
• Barchart computes a technical support level at 6.04%
• Recently traded at 6.25 with a 50 day moving average of 4.90

TearLabs (TEAR)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 57.69% in the last month
• Relative Strength Index 83.30%
• Barchart computes a technical support level at 11.82
• Recently traded at 12.50 with a 50 day moving aver4age of 8.49

E-Commerce China Dangdang (DANG)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 71.15% in the last month
• Relative Strength Index 75.01%
• Barchart computes a technical support level at 6.36
• Recently traded at 7.16 with a 50 day moving average of 4.71

5 Soaring Stocks

Today's list comes from using Barchart to sort the New High List for frequency and then pan through the charts using the Flipchart feature.  The stocks I chose were Lexington Realty Corp (LXP), Realty Income Corp (O), Vanda Pharmaceuticals (VNDA), Napco Security Technologies (NSSC) and Genomic Health (GHDX):

Lexington Realty Trusts (LXP)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 13.12% in the last month
• Relative Strength Index 71.57%
• Barchart computes a technical support level at 12.38
• Recently traded at 13.01 with a 50 day moving average of 11.92

Realty Income Corp (O)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 12.81% in the last month
• Relative Strength Index 79.73%
• Barchart computes a technical support level at 50.28
• Recently traded at 51.48 with a 50 day moving average of 46.61

Vanda Pharmaceuticals (VNDA)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 22.46% in the last month
• Relative Strength Index 74.52%
• Barchart computes a technical support level at 4.60
• Recently traded at 4.82 with a 50 day moving average of 4.15

Napco Security Technologies (NSSC)

Barchart technical indicators:

• 100% Barchart technical by signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 11.39% in the last month
• Relative Strength Index 82.50%
• Barchart computes a technical support level at 4.26
• Recently traded at 4.41 with a 50 day moving average of 4.00

Genomic Health (GHDX)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 23.90% in the last month
• Relative Strength Index 78.22%
• Barchart computes a technical support level at 29.65
• Recently traded at 33.31 with a 50 day moving average of 28.76

Disclosure:  I own VNDA and NSSC.

Vanda Pharmnceuticals - VNDA - Buy signals

Today I added Vanda Pharmaceuticals (VNDA) to the Barchart Van Meerten Speculative portfolio for great price momentum and Barchart technical buy signals:

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy  signal
• Above its 20, 30 and 50 day moving averages
• 19 new highs and up 23.98% in the last month
• Relative Strength Index 87.62%
• Barchart computes a technical support level at 4.60
• Recently traded at 4.86 with a 50 day moving average of 4.10

Disclosure:  I own this stock

Vanda Pharmaceuticals - Barchart's Chart of the Day

Summary:  

Vanda Pharmaceuticals (VNDA) is the Chart of the Day.  The stock has both a Trend Spotter buy signal and 96% technical buy signals.  In the last month the stock advanced 19 times for a gain of 20.76.  Relative Strength Index 85.66.


Article:

The Chart of the Day is Vanda Pharmaceuticals (VNDA).  I found the stock right at the top of the  New High List when I sorted it for frequency.  The stock has both a Trend Spotter buy signal and 96% technical buy signals.  IN the last month the stock was up 19 times for a gain of 20.76%.

They are a biopharmaceutical company focused on the development and commercialization of clinical-stage product candidates for central nervous system disorders. They are developing important new medicines to improve the lives of patients by using new technologies, including genetics & genomics.

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
• 19 new highs and up 20.76% in the last month
• Relative Strength Index 85.66%
• Barchart computes a technical support level at 4.65
• Recently traded at 4.77 with a 50 day moving average of 4.06

Fundamental factors:

• Market Cap $134.66 million
• Revenue projected to grow 3.00% this year and 64.90% next year
• Earnings are estimated to increase 9.20% this year, an additional 46.10% next year and continue to grow annually by 15.70% for the next 5 years
• Wall Street analysts issued 2 strong buy recommendations on this stock.
• Financial Strength B

Sell if you lose 10% or the stock trades below its 50 day moving average

Disclosure:  I own this stock.