Dogness - A Pet Care Stock At An All Time High

The Barchart Chart of the Day belongs to the Chinese pet care company Dogness (DOGZ). As with all Chinese stocks, this is highly speculative because you can never depend on the Chinese government to allow free markets in their securities. I found the company by sorting Barchart's All Time High list first by the highest Weighted Alpha, then used the Flipchart function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/19 the stock gained 61.38%.

DOGZ

Dogness (International) Corporation, through its subsidiaries, designs, manufactures and sells fashionable products for dogs and cats worldwide. It provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos. The company offers its products to wholesalers and retailers. Dogness (International) Corporation was founded in 2003 and is headquartered in Dongguan, the People's Republic of China.

Barchart technical indicators:

  • 100% technical buy signals
  • 259.14+ Weighted Alpha
  • 289.37% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 88.32% in the last month
  • Relative Strength Index 78.31%
  • Technical support level at 7.80
  • Recently traded at 8.10 with a 50 day moving average of 5.05

Fundamental factors:

  • Market Cap $260 million
  • At the present time no Wall Street firm has made an opinion on this company so there are no Revenue and Earnings projections
  • The individual investors on Motley Fool haven't discovered this stock yet
  • Only 738 investors are monitoring this company on Seeking  Alpha.

Caution:  Given that this is a Chinese company and at the present time has no coverage on Wall Street I would view this as a highly speculative position and advise you to keep stop losses in place and move them at least once a week.

Disclaimer: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are ...

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