The “Chart of the Day” is Camden Property Trust (CPT), which showed up on Thursday’s Barchart “52-Week High” list. Camden Property Trust on Thursday posted a new 5-year high of 69.87 and closed up 1.47%. TrendSpotter has been long since June 29 at $67.67. In recent news on the stock, Camden on April 26 reported Q1 funds from operations at 83 cents, above the consensus of 80 cents. Camden Property Trust (CPT), with a market cap of $5.5 billion, is a real estate investment trust that owns and manages multi-family apartment communities in the Southwest and Mountain regions of the United States.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “52-week Highs” page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.
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.
