Barchart Research Team - BC - Mon Oct 22, 5:28PM CDT
The "Chart of the Day" is Agrium (AGU), which showed up on Monday's Barchart "52-Week High" list. Agrium on Monday posted a new 4-year high of $108.13 and closed +3.39%. TrendSpotter has been long since Sep 6 at $100.61. The stock rallied on Monday on the company's announcement that it is doubling its dividend to 50 cents per quarter. Agrium, with a market cap of $16 billion, is a leading global producer and marketer of fertilizer and a major retail supplier of agricultural products and services in both North America and Argentina.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of 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: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% Buy
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports