The “Chart of the Day” is ViroPharma (VPHM), which showed up on Wednesday’s Barchart “52-week High” list. ViroPharma on Wednesday rallied by 0.85% and posted a new 5-1/2 year high of $23.00. TrendSpotter has been Long since Oct 14 at $19.60. In recent news on the stock, ViroPharma on Oct 27 reported Q3 adjusted EPS of 56 cents, well above the consensus of 33 cents. Auriga on Oct 27 initiated coverage on ViroPharma with a Buy rating. ViroPharma, with a market cap of $1.6 billion, is an international biopharmaceutical company.
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.