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
  • Nothern Technologies International - Chart Of The Day 0 comments
    Sep 12, 2013 5:32 PM | about stocks: NTIC

    The Chart of the Day is Northern Technologies International (NASDAQ:NTIC). Although small it's is gathering a following and in the last 6 month was up 47.16%.

    It develops and markets proprietary environmentally beneficial products and technical services either directly or via a network of joint ventures and independent distributors in over fifty countries. Their primary business is corrosion prevention. It has been selling its proprietary rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military and retail consumer markets. The company's technical service consultants work directly with the end users of their products to analyze their specific needs and develop systems to meet their technical requirements. Recently they launched a new product line of compounds and finished products based on a portfolio of proprietary bio-plastic technologies. It also is in various stages of development with respect to several other emerging businesses.

    (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
    • 14 new highs and up 7.04% in the last month
    • Relative Strength Index 70.31%
    • Barchart computes a technical support level at 15.50
    • Recently traded at 15.82 with a 50 day moving average of 13.42

    Fundamental factors:


    • Market Cap $70 million
    • P/E 31.10
    • Revenue expected to grow 5.40% this year and another 21.00% next year
    • Earnings are estimated to increase 31.60% next year and continue to increase at an annual rate of 20.00% for at least the next 5 years
    • Wall Street analysts issued 1 strong buy and 1 buy recommendation to their clients
    • Financial Strength C++

    This is a small company so please watch your moving averages if you're not in it for the long haul.

    Stocks: NTIC
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 (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $GS - 96% technical buy signals - 15 new highs and up 9.5% in the last month - Relative Strength Index 69.63%
    33 minutes ago
  • $FC - 96% technical buy signals - 15 new highs and up 12.39% in the last month - Relative Strength Index 71.85%
    2 days ago
  • $IGT 96% technical buy signals - 17 new highs and up 14.95% n the last month - Relative Strength Index 77.81%
    3 days ago
More »

Latest Comments

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.