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Jones Lang LaSalle - Barchart's Chart Of The Day

|Includes:Jones Lang Lasalle Inc. (JLL)

The Chart of the Day is Jones Lang LaSalle (NYSE:JLL). I found the stock by sorting the New High List for frequency in the last month, then skipped the stocks that did not have positive results in the last week and month and were not trading about their 20, 50 and 100 day moving averages. Last I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/30 the stock gained 24.56%.

JJL is a full-service real estate firm that provides management services, corporate and financial services and investment management services to corporations and other real estate owners, users and investors worldwide. By offering a broad range of real estate products and services, and through its extensive knowledge of domestic and international real estate markets, the company is able to serve as a single source provider of solutions for its clients' full range of real estate needs.

(click to enlarge)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 15.70% in the last month
  • Relative Strength Index 81.39%
  • Barchart computed a technical support level at 115.96
  • Recently traded at 121.18 with a 50 day moving average of 105.92


Fundamental factors:

 

  • Market Cap $5.39 billion
  • P/E 18.75
  • Dividend yield .37%
  • Revenue predicted to grow by 11.20% this year and another 7.11% next year
  • Earnings estimated to increase by 14.60% this year, an additional 12.80% next year and continue to increase at an annual rate of 13.53% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 2 buy and 2 hold recommendations on the stock
  • Financial strength is B++


The firm look to grow as it's overseas revenue increases, As always look at the 50 day moving average to gauge signs of weakness and the 100 day moving average for an exit point.

Disclosure: I do own shares of this stock

Disclosure: I am long JLL.

Stocks: JLL