The "Chart of the Day" is Maxwell Technologies (MXWL), which showed up on Friday's Barchart "Nasdaq 12-Month High" list. Maxwell on Friday rallied by 3.16% and posted a new 2-year high of $19.71. TrendSpotter has been Long on Maxwell since Aug 1 at $16.64. In recent news on the stock, Piper Jaffray on Sep 15 resumed research coverage on Maxwell with an Overweight and a target of $25. ThinkEquity on Aug 25 initiated coverage with a Buy and a target of $19. On Sep 12, Maxwell announced that China's largest bus manufacturer, Zhengzhou Yuton Bus Co, chose Maxwell's ultracapacitors for energy storage and power delivery in its new line of fuel-efficient, low-emission, diesel-electric hybrid buses. Maxwell Technologies, with a market cap of $530 million, is a developer and manufacturer of energy storage and power delivery solutions.
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: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% 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