Repro-Med Systems Hits All-Time High
Summary
- 100% technical buy signals.
- 7 new highs and up 35.00% in the last month.
- 462.50% gain in the last year.
Repro-Med Systems (KRMD) has hit a New All-Time High today and is the Barchart Chart of the Day. I found the medical products company by sorting Barchart's New All-Time High list frost 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 2/19 the stock gained 14.25%.
Repro-Med Systems Inc. is engaged in the design and manufacture of medical devices directing resources to the global markets for emergency medical products and infusion therapy.
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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
- 420.33+ Weighted Alpha
- 462.50% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 7 new highs and up 35.00% in the last month
- Relative Strength Index 66.12%
- Technical support level at 7.94
- Recently traded at 8.10 with a 50 day moving average of 6.25
Fundamental factors:
- Market Cap $356 million
- Revenue expected to grow 26.10% this year
- Earnings estimated to increase 700.00% this year and an additional 100.00% next year
- Wall Street analysts issued 2 buy recommendations on the stock
- 690 investors are monitoring the stock on Seeking Alpha
Disclosure: None.