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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. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
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Marketocracy Capital Management
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Barchart Portfolio Blogs
  • Capital Senior Living - CSU - Barchart Chart Of The Day 0 comments
    Mar 11, 2013 4:58 PM | about stocks: CSU

    Capital Senior Living (CSU) is the Barchart Chart of the Day. We found the stock by sorting the Barchart New High list for frequency. The Trend Spotter signaled a buy on 11/15 and since then the stock has climbed 60.68%. This month alone the stock hit 15 new highs and climbed 28.85%.

    The market has shown a major interest in anything serving our aging population and CSU currently owns interests in and/or operates 101 communities in 17 states with a capacity of approximately 13,600 residents.

    (click to enlarge)

    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.

    Barchart technical indicators:

    • 100% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 28.85% in the last month
    • Relative Strength Index 87.73%
    • Barchart computes a technical support level at 25.89
    • Recently traded at 26.93 with a 50 day moving average of 21.36

    Fundamenatal factors:

    • Market Cap $758.62 million
    • P/E 89.97
    • Revenue projected to grow 14.30% this year and another 9.70% next year
    • Earnings estimated to increase 46.40% this year, an additional 39.00% next year and continue to increase at an annual rate of 28.38% for the next 5 years
    • Analysts issued 6 strong buy recommendations
    • Financial Strength B

    Exit strategy: Watch the moving averages and if the total annual return drops below 10% or the stock trades below its 50 day moving average consider selling.

    Stocks: CSU
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