The “Chart of the Day” is TransCananda Pipelines (TRP), which showed up on Monday’s Barchart “All-Time High” list. Transcananda Pipelines on Monday posted a new all-time high of $46.49 and closed +0.74%. TrendSpotter has been long since July 16 at $42.70. In recent news on the stock, TransCanada on July 27 said that over the next three years it expects to complete $13 billion of projects that are currently in the advanced stages of development. TransCananda Pipelines, with a market cap of $32 billion, is a North American energy company that is focused on natural gas transmission and power services. Their pipeline transports the majority of Western Canada’s natural gas production to growing markets in Canada and the United States.
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.
