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• 100% technical buy signals
• 5 new highs and up 6.32% in the last month
• 64.70+ Weighted Alpha

The Chart of the Day belongs to the body armor company Cadre Holdings (CDRE). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 1/11 the stock gained 3.10%.

(Click on image to enlarge)

CDRE Price vs Daily Moving Averages

Cadre Holdings, Inc. manufactures and distributes safety and survivability equipment that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor products, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective and law enforcement equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products. The company also offers third-party products, such as uniforms, optics, boots, firearms, and ammunition. It serves first responders, such as state and local law enforcement, fire and rescue, explosive ordnance disposal technicians, emergency medical technicians, fishing, and wildlife enforcement and departments of corrections, as well as federal agencies including the U.S. Department of State, U.S. Department of Defense, U.S. Department of Interior, U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of Corrections, and various foreign government agencies. Cadre Holdings, Inc. was founded in 1964 and is headquartered in Jacksonville, Florida.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 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
• 64.70+ Weighted Alpha
• 51.85% gain in the last year
• Trend Seeker buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 6.32% in the last month
• Relative Strength Index 63.54%
• Technical support level at $34.21
• Recently traded at $34.97 with 50 day moving average of $32.62

Fundamental Factors:

• Market Cap $1.28 billion
• P/E 34.91
• Dividend yield .94%
• Wall Street projects Revenue will grow 4.80% this year and another 7.20% next year
• Earnings are estimated to increase 115.90% this year, an additional 17.90% next year and continue to compound at an annual rate of 63.20% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analysts issued 5 strong buy, 1 buy and 2 hold recommendations this month
• Analysts price targets are $29 to $40 with a consensus of $36
• Value Line gives the stock an above average rating of 2
• CFRAs MarketScope has a strong buy rating
• 1,180 investors monitor the stock on Seeking Alpha

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