The Barchart Chart of the Day belongs to Fossil (FOSL). I found the fashion accessories stock by using Barchart to sort today's Top 100 Stocks first by the most frequent number of new highs in the last month, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 4/26 the stock gained 91.78%.

Fossil Group, Inc. is involved in designing, marketing and distribution of consumer fashion accessories. The Company's product portfolio include men's and women's watches, handbags, belts, small leather goods, jewellery, sunglasses, hats, gloves and scarves, jeans, outerwear, fashion tops and bottoms, tee shirts as well as optical frames. Its brands include MICHELE, Zodiac, Relic, Emporio Armani, DKNY, Armani Exchange, Michael Kors, Diesel, Burberry, Marc by Marc Jacobs, Adidas, Skagen Denmark, and Karl Lagerfeld. The Company operates in four different segments: the North America Wholesale segment, the Europe Wholesale segment, Asia Pacific Wholesale segment and the Direct to Consumer segment. It serves market through department stores, specialty retail stores, specialty watch and jewellery stores, retail and outlet stores, mass market stores, clothing stores as well as through its catalogs and Website. Fossil Group Inc., formerly known as Fossil, Inc. is based in Richardson, Texas.

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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 shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

• 16% technical buy signal
• 156.19+ Weighted Alpha
• 176.02% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 34.66% in the last month
• Relative Strength Index 57.84%
• Technical support level at 28.77
• Recently traded at 28.00 with a 50 day moving average of 22.23

Fundamental factors:

• Market Cap $1.44 billion
• Revenue expected to shrink 6.10% this year and another 1.80% next year
• Earnings estimated to decrease 600.00% tis year but increase 248.02% next year and continue to compound at an annual rate of 17.30% for the ext 5 years
• Wall Street analysts are very mixed on this stock with 1 buy, 7 hold 2 under perform and 1 sell recommendation on the stock