Seeking Alpha

Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
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
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Xcel Energy - Barchart's Chart Of The Day 4 comments
    Apr 5, 2013 5:16 PM | about stocks: XEL

    Today's Chart of the Day is Xcel Energy (NYSE:XEL) which I found by sorting the New High list for frequency and flipping through the charts. With both a Trend Spotter buy and a 100% Barchart technical buy signal the stock deserves your attention. 6 new highs and up 3.22% in the last month.

    The Company is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas.

    (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 signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 6 new highs and up 3.22% in the last month
    • Relative Strength Index 74.54%
    • Barchart computes a technical support level at 29.72
    • Recently traded at 30.19 with a 50 day moving average of 28.54


    Fundamental factors:

     

    • Market Cap - $14.73 billion
    • P/E 16.30
    • Dividend yield 3.62%
    • Revenue expected to grow 7.00% this year and another 3.40% next year
    • Earnings estimated to increase 4.40% this year, an additional 4.70% next year and continue to increase at an annual rate of 5.12% for the next 5 years
    • Analysts released 2 strong buy, 1 buy and 12 hold recommendations
    • Financial strength B++


    Sell if you lose 10% or the price drops below its 50 day moving averages.

    Stocks: XEL
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (4)
Track new comments
  • Travel4Yields
    , contributor
    Comments (393) | Send Message
     
    Thanks Jim for your barchart on Xcel Energy. I find it amazing that this gas & electric utility is hitting new high's though its div is so low. I do know however it has been reeving annual awards for the service they provide to its customers. I've been long Xcel since the days it was Northern States Power, which was before the merger w/Colorado Power some years ago.
    5 Apr 2013, 07:13 PM Reply Like
  • User 123297
    , contributor
    Comments (3) | Send Message
     
    how comethe command clik to enlarge doesn't work? thanks bob.
    29 Apr 2013, 07:14 PM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (649) | Send Message
     
    Author’s reply » works on my computer
    30 Apr 2013, 07:20 AM Reply Like
  • Travel4Yields
    , contributor
    Comments (393) | Send Message
     
    Works on my computer too..
    30 Apr 2013, 06:38 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.