Barchart Research Team - BC - Tue Jan 08, 6:46PM CST
The "Chart of the Day" is ResMed (RMD), which showed up on Tuesday's Barchart "All-Time High" list. ResMed on Tuesday posted a new all-time high of $43.48 and closed +1.07%. TrendSpotter has been long since Dec 11 at $42.08. In recent news on the stock, ResMed on Oct 25 reported fiscal Q1 EPS of 49 cents, above the consensus of 46 cents. ResMed, with a market cap of $6 billion, is a leading manufacturer and distributor of medical equipment for treating and diagnosing sleep disordered breathing. Sleep disordered breathing includes sleep apnea and related respiratory conditions.
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