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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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  • Checkpoint Systems - Chart Of The Day 0 comments
    Jul 24, 2013 4:16 PM | about stocks: CKP

    The Chart of the Day is Checkpoint Systems (NYSE:CKP). The stock advanced in all 20 session last month for a gain of 23.35% and is up in the past year by 123.45%, he stock was right at the top of the New High List when I sorted for frequency.

    The company is a multinational manufacturer and marketer of retail asset tracking and protection products including integrated security, automatic identification, and retail merchandising solutions. They are a leading provider of radio frequency and electromagnetic electronic article surveillance systems and tags, security source tagging, handheld labeling systems, bar code labeling systems, and retail merchandising systems.

    (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:

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 20 new highs and up 23.35% in the last month
    • Relative Strength Index 80.32%
    • Barchart computes a technical support level at 16.34
    • Recently traded at 16.98 with a 50 day moving average of 14.35


    Fundamental factors:

     

    • Market Cap $692.44 million
    • Revenue is projected to go up by 3.90% next year
    • Earnings are estimated to increase by 255.60% this year, 35.70% next year and continue to increase by 45.00% annually for at least 5 years
    • Wall Street analysts issued a strong buy, a buy and a hold recommendation
    • Financial Strength is a B+


    Closely watch the 50 day moving average and be prepared to exit if the stock drop below its 50 day moving average.

    Stocks: CKP
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