Seeking Alpha

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
  • Adcare Health Systems - Barchart's Chart Of The Day 0 comments
    Aug 11, 2014 5:38 PM | about stocks: ADK

    The Chart of the Day belongs to Adcare Health Systems (NYSEMKT:ADK). I found the stock by sorting the New High list for new high frequency in the last month then used Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 6/9 the stock gained 19.57%.

    ADK is a recognized innovator in senior living and health care facility management. AdCare owns and manages long-term care facilities and retirement communities, and since the company's inception in 1988, its mission has been to provide the highest quality of healthcare services to the elderly, including a broad range of skilled nursing and sub-acute care services.

    (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 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 12.50% in the last month
    • Relative Strength Index 68.18%
    • Barchart computes a technical support level at 4.79
    • Recently traded at 4.95 with a 50 day moving average of 4.40

    Fundamental factors:


    • Market Cap $79.30 million
    • Revenue expected to grow 1.60% this year and another 8.90% next year
    • Earnings estimated to increase 59.60% this year and an additional 81.60% next year
    • Wall Street analysts issued 1 strong buy and 1 buy recommendation on the stock

    Although the stock is not well known it seems to have good volume. Follow the 50 and 100 day moving averages very closely.

    Stocks: ADK
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


  • $SPKE - 96% Barhart technical buy signals - 17 new highs and up 12.72% in the last month - Relative Strength Index 64.87%
    1 day ago
  • $ZAGG - 100% Barchart technical buy signals - 6 new highs and up 14.42% in the last month - Relative Strength Index 73.41%
    4 days ago
  • $WTR - 100% Barchart technical buy signals - 8 new highs and up 2.91% in the last month - Relative Strength Index 62.34%
    5 days ago
More »

Latest Comments

Posts by Themes
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.