The “Chart of the Day” is Green Mountain Coffee Roasters (GMCR), which showed up on Tuesday’s list of stocks that had a new “Buy” signal from the Barchart “TrendSpotter” trading system and also showed up on the Barchart “All Time High” list. GMCR on Tuesday posted a new all-time high of $114.00 and closed up 0.82%. In recent news on the stock, Starbucks announced on Aug 30 that it will start selling in November its coffee in single-cup packs for Green Mountain Coffee Roasters’ “Keurig Single Cup Brewing System.” GMCR also has agreements with Dunkin’ Donuts and Swiss Miss to sell single-cup servers for its brewing system. Green Mountain Coffee Roasters, with a market cap of $16 billion, sells coffee, brewing technology, and gourmet single-cup brewing systems.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “Trading Signals” page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter “Buy” category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the “Today’s Opinion” column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
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.
- TrendSpotter: Buy
- Short-Term Indicators: 80% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 96% Buy
Chart of the Day provided by www.Barchart.com.
Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
