The Barchart Chart of the Day belongs to the health food supplement company LifeVantage (LFVN). I found the stock by sorting Barchart's New 52 Week Highlist by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 1/15 the stock gained 11.25%.
LifeVantage Corporation is a health and nutrition company. The company is the maker of Protandim(R), the Nrf2 Synergizer(R) patented dietary supplement, the TrueScience(TM) Anti-Aging Skin Care Regimen, Canine Health and the AXIO(TM) energy product line. LifeVantage Corporation is headquartered in Salt Lake City, Utah.
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 website when you read this report.
Barchart technical indicators:
- 100% technical buy signals
- 239.04+ Weighted Alpha
- 265.05% gain in the last month
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 39.35% in the last month
- Relative Strength Index 69.63%
- Technical support level at 14.90
- Recently traded at 16.25 with a 50 day moving average of 13.27
- Market Cap $227 million
- P/E 28.80
- Wall Street analysts are not following or making recommendations on the stock but have a consensus that earnings will compound at an annual rate of 12.00% for the next 5 years
- 3,924 investors are following the stock on Seeking Alpha
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in LFVN over the next 72 hours.