The "Chart of the Day" is Syngenta (SYT), which showed up on last Friday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Syngenta last Friday rallied by 1.44% and posted a new 1-month high of $67.17. A rally above the all-time high of $67.72 posted on Feb 28 would be a particularly bullish development. In recent news on the stock, Syngenta on Feb 9 reported 2010 EPS of $16.44 (+2% y/y), announced a 17% dividend hike, and a 2011 plan to repurchase $200 million of shares. Swiss-based Syngenta, with a market cap of $30 billion, is a world-leading agribusiness, ranking 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 "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 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: 40% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 80% Buy
Barchart links for further information:
Quotes and Charts
Trader's Cheat Sheet™
Chart of the Day Archive
View Past Chart of the Day Reports