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Barchart - Chart of the Day Kubota -- KUB

|Includes:Kubota Corp. ADR (KUBTY)
 
Chart of the Day - Kubota Corp (KUB)
Barchart Research Team - Barchart.com - Wed Jan 19, 5:34PM CST
Related Stocks
 KUB - Kubota Corporation
Sym Last Chg Pct
KUB 49.79 +0.12 +0.24%
Click to enlarge
The "Chart of the Day" is Kubota Corp (KUB), which showed up on Wednesday's Barchart "NYSE 12-month High" list. Kubota on Wednesday closed 0.24% higher and edged to a new 1-year high of $50.07. A rally above the current 4-year high of 51.08 posted in Jan 2010 would be a particularly bullish technical development. TrendSpotter has been long Kubota since Nov 5 at $47.16. Kubota Corp, with a market cap of $12.7 billion, is the world's largest maker of small tractors and Japan's second largest manufacturer of farm equipment. 

kub_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for NYSE 12-month highs. A new 12-month high is a popular sign of upside momentum. We then clicked on the "12-Month # Highs" column heading twice in order to sort the list in ascending order. Stocks with the fewest number of 12-month highs over the past 12 months are stocks that have only recently broken out to a new 12-month high and may have better upside potential then stocks that have already rallied sharply and have posted many new 12-month highs. 
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." 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


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Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.
 
 
 
 
Stocks: KUBTY