Seeking Alpha

Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Allergan - AGN - Barchart Chart Of The Day 0 comments
    Sep 29, 2012 3:49 PM | about stocks: AGN

    Today's Chart of the Day was chosen by Jim Van Meerten author ofBarchart Portfolio Blogs. You will notice a slightly different format but the selection criteria will stay the same. Today's chart is Allergan (NYSE:AGN). The stock was chosen by using the S&P 500 Large Cap Stock Index and sorting for the stocks having made the most frequent new highs in the past month.

    The new chart will contain:

    • The price the stock traded at for the last 6 month
    • The 20, 50 and 100 day moving averages
    • The Trend Spotter signal
    • The 14 day Turtle Channel


    (click to enlarge)

    Barchart technical indicators:

     

    • 80% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 8.30% in the last month
    • Relative Strength Index 64.62%
    • Barchart computes a technical support level at 90.66
    • Recently traded at 91.58 with a 50 day moving average of 87.00


    Fundamental factors:

     

    • Analysts project revenue will increase by 7.40% this year and 8.10% next year
    • Earnings are estimated to increase by 14.20% this year, another 14.10% next year and continue at an annual rate of increase of 13.58% for the next 5 years
    • P/E ratio is 23.92
    • Dividend rate is .22%
    • Financial Strength ranking of A+


    Wall Street analysts recommendations:

     

    • 12 strong buy
    • 3 moderate buy
    • 9 hold
    • No moderate sell or sells


    Link to the stock's Barchart home page: Allergan (AGN)

    From the link using the sidebar tabs you can access all the data Barchart has assembled and organized for your review.

    Disclosure: This is not a buy recommendation. Please review all the data Barchart has assembled and organized for you before deciding if this stock is suitable to be included in your individual investment portfolio.

    Stocks: AGN
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.