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Encana --ECA-- Barchart Chart of the Day

|Includes: Encana Corporation (ECA)
Barchart.com's Chart of the Day - Encana Corp (NYSE:ECA)
Barchart Research Team - Barchart.com - Thu Mar 17, 9:08PM CDT
Related Stocks
 ECA - Encana Corp.
Sym Last Chg Pct
ECA 33.49 +1.07 +3.30%

The "Chart of the Day" is Encana Corp (ECA), which showed up on Thursday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Encana on Thursday rallied by 3.30% and posted a new 9-month high. Encana, as a major natural gas company, is seeing strength in its stock on the Japanese nuclear disaster and the likelihood of a slow down or halt in nuclear energy and an increased reliance on natural gas as a more important energy source. Encana Corp, with a market cap of $22 billion, is one of the world's largest independent natural gas producers and gas storage operators.


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How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." 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


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