The "Chart of the Day" is Williams Partners (WPZ), which showed up on Thursday's Barchart "All Time High" list. WPZ on Thursday edged to a new all-time high of $56.07 and closed up 1.00% at $55.69. TrendSpotter has been Long on WPZ since June 29 at $53.90. In recent news, Williams Partners (which is a Master Limited Partnership) on July 25 announced an increase in its quarterly dividend to 73.25 cents per unit, a 2% increase from 71.75 cent per unit last quarter. Williams Partners, with a market cap of $16 billion, is a natural gas operator and also manages a wholesale power business. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, Southern California and Eastern Seaboard.
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.
Barchart's Opinion trading systems are mostly 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: 75% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 96% Buy
Barchart links for further information:
Quotes and Charts
Trader's Cheat Sheet™
Chart of the Day Archive
View Past Chart of the Day Reports