The Barchart Chart of the Day belongs to the sporting goods stock Clarus (OTC: CLAR).

Clarus Corporation engages in design, manufacture, and marketing of outdoor equipment and apparel for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities. Its brands include Black Diamond and PIEPS. Black Diamond Equipment is a manufacturer of active outdoor equipment and clothing for the climbing, skiing and mountain sports markets. PIEPS is a designer and marketer of avalanche beacons and snow safety products. Clarus Corporation, formerly known as Black Diamond Inc., is headquartered in Salt Lake City, UT.

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Barchart technical indicators:

• 96% technical buy signals
• 64.15+ Weighted Alpha
• 63.57% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 30.25% in the last month
• Relative Strength Index 85.27%
• Technical support level at 10.32
• Recently traded at 10.60 with a 50 day moving average of 8.48

Fundamental factors:

• Market Cap $314 million
• P/E 25.24
• Revenue expected to grow 22.70% this year and another 7.20% next year
• Earnings estimated to increase 243.80% this year, an additional 32.70% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 3 strong buy and 1 hold recommedation on the stock