In spite of the market sell off the energy and utility company Avangrid (AGR) hit a New All-Time High and is the Barchart Chart of the Day.  I found the stock by sorting Barchart's  New All-Time High list by the highest technical buy signals, then used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy in 12/17 the stock gained 11.04%.

Avangrid, Inc. is an energy and utility company. The company operates regulated utilities, electricity generation and natural gas storage primarily in the United States. Avangrid, Inc. is based in New Gloucester, United States.

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 are 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
• 18.90+ Weighted Alpha
• 14.42% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 7.98% in the last month
• Relative Strength Index 81.42%
• Technical support level at 55.56
• Recently traded at 56.42 with a 50 day moving average of 51.98

Fundamental factors:

• Market Cap $17.32 billion
• P/E 27.29
• Dividend yield 3.14%
• Revenue expected to grow .10% this year and another 4.20% next year
• Earnings estimated to increase 10% next year and continue to compound at an annual rate of 6.32% for the next 5 years
• Wall Street analysts issued 3 strong buy, 3 buy, 2 hold and 1 underperform recommendation on the stock
• 3,218 investors are monitoring the stock on Seeking Alpha