The Barchart Chart of the Day belongs to the electronics company IntriCon (IIN). Today's Chart of the Day selection was previously featured 7 months ago on 12/21/17 when the stock was selling at 20.90. I found the stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more. I always then use the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 6/22 the stock gained 37.17%.
IntriCon designs, develops, engineers and manufactures microminiaturized medical and electronic products. The Company supplies microminiaturized components, systems and molded plastic parts, primarily to the hearing instrument manufacturing industry, as well as the computer, government, electronics, telecommunications and medical equipment industries. The Company has facilities in the United States, Asia and Europe.
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:
- 100% technical buy signals
- 507.49+ Weighted Alpha
- 676.71% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 42.28% in the last month
- Relative Strength Index 72.62%
- Technical support level at 51.37
- Recently traded at 56.82 with a 50 day moving average of 40.44
Fundamental factors:
- Market Cap $412 million
- P/E 85.88
- Revenue expected to grow 31.10% this year and another 1450% next year
- Earnings estimated to increase 91.40% this year and an additional 58.20% next year
- Wall Street analysts issued 2 strong buy, 1 buy and 1 hold recommendation on the stock