The “Chart of the Day” is Scana Corp (SCG), which showed up on Thursday’s Barchart “All Time High” list. Scana on Thursday posted a new all-time high of $46.70 and closed up 1.75%. TrendSpotter has been Long since Apr 24 at $45.59. In recent news on the stock, Scana on May 3 reported Q1 EPS of 93 cents, which was below the consensus of $1.01 due to the company’s natural gas business in Georgia. Stephens on May 4 downgraded Scana to Equal Weight from Overweight. Scana Corp (SCG), with a market cap of $6 billion, Scana Corp. (SCG), has businesses that include regulated electric and natural gas utility operations, telecommunications and other non-regulated energy-related businesses. SCANA’s subsidiaries serve electric customers in South Carolina, North Carolina and Georgia.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “All Time High” list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the “All Time Highs” menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the “Percent” column title. A stock that has posted a new All-Time high is typically showing 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.
