The Barchart Chart of the Day belongs to the P&C insurance company Hallmark Financial Services (HALL). I found the stock by sorting Barchart's Top Stocks to Own list first by the highest number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 5/14 the stock gained 25.65%
Hallmark Financial Services and its wholly owned subsidiaries engage in the sale of property and casualty insurance products. Their business primarily involves marketing, underwriting and premium financing of non-standard automobile insurance, as well as claims adjusting and other insurance related services.
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 website when you read this report.
Barchart technical indicators:
- 96% technical buy signal
- 55.06+ Weighted Alpha
- 42.15% gain in the last year
- 15 new highs and up 20.81% in the last month
- Relative Strength Index 79.77%
- Technical support level at 14.12
- Recently traded at 14.40 with a 50 day moving average of 12.05
Fundamental factors:
- Market Cap $264 million
- P/E 13.13
- Revenue expected to grow 19.50% this year and another 6.40% next year
- Earnings estimated to increase 33.70% this year, an additional 8.90% next year and continue to compound at an annual rate of 4.10% for the next 5 years
- Wall Street analysts issued 1 strong buy and 1 buy recommendation on the stock
- The individual investors following the stock on Motley Fool voted 70 to 12 that the stock will beat the market
- 653 investors are following the stock on Seeking Alpha
