Barchart Research Team - BC - Fri Sep 28, 11:26PM CDT
The "Chart of the Day" is Syngenta (SYT), which showed up on Friday's Barchart "All-Time High" and "Gap Up" lists. Syngenta on Friday posted a new all-time high of $75.58 and closed up +0.85%. TrendSpotter has been long since Sep 6 at $69.84. In recent news on the stock, HSBC on Sep 28 raised its rating to Overweight from Neutral. On Sep 24, Syngenta said that it sees sales for key crops reaching $25 billion by the end of the decade from the current level of $22 billion. Syngenta, with a market cap of $35 billion, is a world-leading agribusiness. The company ranks first in crop protection, and third in the high-value commercial seeds market.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing 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
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports