The "Chart of the Day" is Williams Partners (WPZ), which showed up on Tuesday's Barchart "All Time High" list and also received a new Buy signal from TrendSpotter. Williams Partners on Tuesday rallied by 1.78% and posted a new all-time high of $55.99. In recent news on the stock, Williams Partners on Aug 3 reported Q2 EPS of 91 cents versus the analyst consensus of 87 cents. Madison Williams on Aug 19 upgraded Williams Partners to Buy from Accumulate and raised its target to $59 from $58. Williams Partners, with a market cap of $16 billion, finds, produces, gathers, processes and transports natural gas. The company also manages a wholesale power business. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, Southern California and Eastern Seaboard.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of 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.
- TrendSpotter: Buy
- Short-Term Indicators: 100% Buy
- Medium-Term Indicators: 60% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 88% 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