Summary

• 100% technical buy signals.
• 15 new highs and up 49.14% in the last month.
• 104.86% gain in the last year.

The Barchart Chart of the Day belongs to the sporting gods retailer Hibbett Sports (HIBB). I found the stock by sorting Barchart's Top Stocks to Own list first by the highest technical buy signals, then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 8/11 the stock gained 49.14%.

Hibbett Sports, Inc. operates sporting goods stores in small and mid-sized markets, predominantly in the South, Southwest, Mid-Atlantic, and Midwest. Hibbett Sports offer convenient locations and a broad assortment of quality branded athletic footwear, apparel, and equipment with a high level of customer service. The Hibbett Sports store is their primary retail format and growth vehicle and is a square foot store which are usually influenced by a Wal-Mart store.

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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:

• 100% technical buy signals
• 107.87+ Weighted Alpha
• 104.86% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 49.14% in the last month
• Relative Strength Index 81.18%
• Technical support level at 36.78
• Recently traded at 37.94 with a 50 day moving average of 26.61

Fundamental factors:

• Market Cap $618 million
• P/E 8.91
• Revenue expected to grow 11.70% this year
• Earnings estimated to increase 80.70% this year and continue to compound at an annual rate of 7.20 for at least the next 5 years
• Wall Street analysts issued 2 strong buy and 1 buy recommendation on the stock