Cardlytics - Chart Of The Day

Summary

  • 100% technical buy signals.
  • 7 new highs and up 8.66% in the last month.
  • 472.19% gain in the last year.

The Barchart Chart of the Day belongs to the technology services company Cardlytics (CDLX). I found the stock by sorting Barchart's Top 100 Stocks list by the highest Weighted Alpha, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/11 the stock gained 80.26%.

Cardlytics, Inc. is engaged in developing a purchase intelligence platform. The purchase data includes debit, credit and bill pay data from online and in-store transactions. It helps the marketers identify, reach and influence likely buyers at scale, and measure the impact of marketing spends. The Company also operates an advertising channel, Cardlytics Direct. Cardlytics Direct delivers tailored marketing for marketers and financial institutions. Cardlytics, Inc. is based in Atlanta, GA.

CDLX - Cardlytics

 

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
  • 287.10+ Weighted Alpha
  • 472.19% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 8.66% in the last month
  • Relative Strength Index 68.22%
  • Technical support level at 64.11
  • Recently traded at 66.66 with a 50 day moving average of 54.71

Fundamental factors:

  • Market Cap $1.52 billion
  • Revenue expected to grow 32.80% this year and another 32.50% next year
  • Earnings estimated to increase 53.40% this year, an additional 88.20% next year and continue to compound at an annual rate of 34.62% for the next 5 years
  • Wall Street analysts issued 5 strong buy and 1 hold recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 13 to 0 that the stock will beat the market
  • 1,708 investors are monitoring the stock on Seeking Alpha

Disclosure: None.

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