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Jim Van Meerten
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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
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  • Aflac -- AFL - Chart of the Day 2/18 0 comments
    Feb 18, 2011 8:11 AM | about stocks: AFL
    Barchart.com's

    Chart of the Day - Aflack Inc (NYSE:AFL)
    Barchart Research Team - Barchart.com - Thu Feb 17, 8:34PM CST
    Related Stocks
     AFL - Aflac Incorporated
    Sym Last Chg Pct
    AFL 59.28 +1.43 +2.47%

    The "Chart of the Day" is Aflack Inc (AFL), which showed up on Thursday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Aflack on Thursday rallied by 2.47% and posted a new 2-1/3 year high. In recent news on the stock, Scotia Capital on Feb 2 initiated coverage on Aflack with an Outperform and a target of $74, but Citigroup on Feb 7 downgraded the stock to Hold from Buy and left intact its $60 target. Aflack, with a market cap of $28 billion, is a major insurance company with a focus on selling supplemental health and life insurance.

    afl_700

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

    Barchart's Opinion trading systems are all 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: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy


    Barchart links for further information:

    Quotes and Charts
    Quote
    Detailed Quote
    Chart

    Technical Analysis
    Technicals Summary
    Trader's Cheat Sheet™

    Barchart Opinions
    Barchart Opinion
    Barchart Snapshot
    Trading Strategies

    Company Info
    Company Profile
    Key Statistics
    Ratios
    Income Statement-Quarterly
    Income Statement-Annual
    Balance Sheet-Current
    Balance Sheet-Annual


    Chart of the Day Archive
    View Past Chart of the Day Reports
     

    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: AFL
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