Chart Of The Day: Unilever Is A Leader In The Consumer Goods Sector

The Chart of the Day belongs to the consumer goods company Unilever (UL). 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 3/24 the stock gained  7.88%.

(Click on image to enlarge)

UL  Price vs Daily Moving Averages

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes vitamins, minerals, and supplements. Personal Care segment offers skin cleansing products comprising soap and shower, deodorant and oral care products, such as toothpaste, toothbrush, and mouthwash products. The home Care segment engages in the sale of fabric care including washing powders and liquids, and rinse conditioners; and home and hygiene, fabric enhancers, water, and air wellness products. The nutrition segment provides the sale of scratch cooking aids, which include soups, bouillons, and seasonings; dressings products, such as mayonnaise and ketchup; and beverages and functional nutrition products including Horlicks and Boost, as well as tea products. The ice Cream segment offers ice cream products including in-home and out-of-home ice creams. It offers its products under the AXE, Bango, Ben & Jerry's, Cif, Comfort, Domestos, Dove, Equilibra, Hellmann's, Knorr, LUX, Lifebuoy, Liquid I.V., Love Beauty & Planet, Magnum, OLLY, OMO, Onnit, Rexona, Seventh Generation, SmartPants, Sunsilk, The Vegetarian Butcher, Vaseline, and Wall's brands. The company was founded in 1860 and is headquartered in London, the United Kingdom.

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
  • 27.80+Weighted Alpha
  • 20.87% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 4.80% in the last month
  • Relative Strength Index 73.50%
  • Recently traded at $55.44 with 50 day moving average of $52.06
     

Fundamental Factors:

  • Market Cap $140 billion
  • Wall Street usually doesn't make Revenue and Earnings projections on ADRs

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  1 strong buy, 1 buy, and 2 hold opinions on this stock
  • Analysts have price targets from $55 to $56 
  • Value Line gave the stock its average rating of 3 and an 18-month mid-point price target of $84 for a 5% gain
  • CFRAs MarketScope has a hold rating
  • StockNews Comments:  The consumer goods sector tends to perform relatively well, irrespective of market conditions. Also, given rebounding consumer sentiments, consumer goods stocks Unilever (UL) and Yue Yuen Industrial (YUEIY) could be worth buying this week. These stocks are rated Strong Buy in our proprietary rating system. 
  • 57,060 investors monitor the stock on Seeking Alpha

More By This Author:

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Chart Of The Day: Crocs Is An Individual Investor Favorite

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the ...

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