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
  • First Business Financial Services - Barchart's Chart Of The Day 0 comments
    Mar 10, 2014 6:23 PM | about stocks: FBIZ

    The Chart of the Day is First Business Financial Services (NASDAQ:FBIZ). I found the stock by sorting the All Time High list for new high frequency in the last month. I skipped the stocks that didn't have positive gains in the last week and month, then used the Flipchart feature to review the charts.

    First Business Financial Services is the parent of the First Business family of companies, managing shareholder relations and providing access to capital for our operating entities. It provides its subsidiaries with cost-effective corporate services including human resources, finance, information technology, and marketing. Its companies include First Business Bank, First Business Bank - Milwaukee, First Business Trust & Investments, First Business Leasing, LLC, and First Business Capital Corp.

    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
    • 16 new highs and up 17.32% in the last month
    • Relative Strength Index 88.28%
    • Barchart computes a technical support level at 45.41
    • Recently traded at 46.80 with a 50 day moving average of 40.29

    Fundamental factors:


    • Market Cap $183.46
    • P/E 12.82
    • Dividend yield 1.88%
    • Revenue predicted to grow 5.90% this year and another 5.00% next year
    • Earnings estimated to increase 6.30% this year, an additional 6.50% next year and continue to increase at an annual rate of 5.00% for the next 5 years
    • Wall Street analysts issued 1 strong buy and 2 buy recommendations on the stock
    • Financial Strength is B

    Solid increases in both revenue and earnings should mean increase in price. Watch the 50 day moving average for momentum weakness and use the 100 day moving average for an exit point.

    Stocks: FBIZ
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


  • $EXEL - 96% technical buy signals - 16 new highs and up 39.23% in the last month = Relative Strength Index 86.09
    3 days ago
  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    6 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    6 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.