Barchart Research Team - BC - Mon Oct 01, 4:41PM CDT
The "Chart of the Day" is Danaher (DHR), which showed up on Monday's Barchart "All-Time High" list. Danaher on Monday posted a new all-time high of $57.15 and closed +1.99%. TrendSpotter has been long since Aug 1 at $53.10. In recent news on the stock, Janney Capital on Sep 13 initiated coverage on Danaher with a Buy rating and a target of $66. Danaher on Sep 17 announced the acquisition of Iris International for $19.50 per share or $338 million. Danaher Corp, with a market cap of $38 billion, sells a wide range of process/environmental controls and tools/components.
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:
Chart of the Day Archive
View Past Chart of the Day Reports