The Barchart Chart of the Day belongs to the cable TV company Liberty Broadband (LBRDK). I found the stock by using the Barchart screeners to find stocks with at least a 34.00+ Weighted Alpha and a Technical buy signal of 80% or more. I then sorted that list of 257 stocks by the most frequent number of new highs in the last month and used the Flipchart function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 2/1 the stock gained 13.86%.
Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado.
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
- 41.03+ Weighted Alpha
- Gained 37.31% in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 18 new highs and up 7.76% in the last month
- Relative Strength Index 79.81%
- Technical support level at 98.05
- Recently traded at 99.19 with a 50 day moving average of 92.80
Fundamental factors:
- Market Cap $17.90 billion
- P/E 252.85
- Revenue expected to decrease 13.80% this year
- Earnings estimated to increase 357.90% this year and another 86.80% next year
- Wall Street analysts issued 1 strong buy and 1 hold recommendation on the stock
- The individual investors following the stock on Motley Fool voted 13 to 0 that the stock will beat the market
- 754 investors are following the stock on Seeking Alpha
