The Barchart Chart of the Day belongs to Foundation Medicine (FMI). I found the medical information systems stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 5/18 the stock gained 32.12%.

Foundation Medicine, Inc. provides molecular information products primarily in the United States. The company offers FoundationOne (NYSE:TM) a molecular information product for the analysis of routine cancer specimens in a clinical setting. Its molecular information platform generates actionable genomic information about a patient's individual disease, enabling physicians to optimize treatments in clinical practice, and enabling biopharmaceutical companies to develop targeted oncology therapies. Foundation Medicine, Inc. is based in Cambridge, Massachusetts.

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

Barchart technical indicators:

• 96% technical buy signals
• 168.23+ Weighted Alpha
• 163.92% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 51.24% in the last month
• Relative Strength Index 83.86%
• Technical support level at 105.12
• Recently traded at 107.15 with a 50 day moving average of 79.81

Fundamental factors:

• Market Cap $3.95 billion
• Revenue expected to grow 49.20% this year and another 40.70% next year
• Earnings estimated to increase 6.90% this year and an additional 28.40% next year
• Wall Street analysts issued 2 strong buy and 3 hold recommendations on the stock