The “Chart of the Day” is Treehouse Foods (THS), which showed up on Tuesday’s list of stocks that had a new “Buy” signal from the Barchart “Trendspotter(tm)” trading system and also had a 100% Barchart Opinon rating. Treehouse Foods rallied by +0.95% on Tuesday and posted a new 1-month high. A breakout above the record high of $51.05 posted in June would be a particularly bullish technical signal. Treehouse Foods, with a market cap of $1.7 billion, is a food manufacturer servicing primarily the retail grocery and foodservice channels.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “Signals Guide” page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter(tm) “Buy” category to obtain a list of all the stocks for which the Barchart Trendspotter(tm) 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(tm) help page.
Barchart’s Opinion trading systems are all a Buy and Barchart’s daily Trendspotter(tm) trading system is a “Buy.” 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: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% Buy
Barchart links for further information:
Quotes and Charts, Technical Analysis, Barchart Opinions, and Chart of the Day Archives
Free membership on http://www.Barchart.com:
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