Barchart Research Team - BC - Wed Jul 25, 9:47PM CDT
The "Chart of the Day" is Edwards Lifesciences (EW), which showed up on Wednesday's Barchart "All-Time High" list. Edwards on Wednesday posted a new all-time high of $106.94 and closed +6.50%. TrendSpotter took a profit on a long trade on Monday but then turned long again on Wednesday's close of $105.06. In recent news on the stock, Edwards reported Q2 EPS ex-items of 67 cents, higher than the consensus of 65 cents. Edwards Lifesciences, with a market cap of $11 billion, is a leader in advanced cardiovascular disease treatments, is the number-one heart valve company in the world and the global leader in acute hemodynamic monitoring.
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: 75% Buy
- Long-Term Indicators: 67% Buy
- Overall Average 88% Buy
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports