The Barchart Chart of the Day belongs to Iradimed (IRMD). Since the Trend Spotter signaled a buy in 3/21 the stock gained 47.04%.

iRadimed Corporation engages in developing, manufacturing, marketing, and distributing magnetic resonance imaging (MRI) compatible products. It offers non-magnetic intravenous (IV) infusion pump systems, IV tubing sets, IV poles, wireless remote displays/controls under the mRidium name; side car pump modules; dose error reduction systems; Masimo SET SpO2 monitoring products; and MRI Pulse oximeters, and MRI oximeter remotes and displays under the iMagox name used during MRI procedures. iRadimed Corporation is headquartered in Winter Park, Florida.

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Barchart technical indicators:

• 100% technical buy signals.
• 141.33+ Weighted Alpha.
• 145.35% gain in the last year.
• Trend Spotter buy signal.
• Above its 20, 50 and 100 day moving averages.
• 13 new highs and up 12.83% in the last month.
• Relative Strength Index 83.69%.
• Technical support level at 19.62.
• Recently traded at 21.15 with a 50 day moving average of 18.51.

Fundamental factors:

• Market Cap $221 million.
• P/E 111.11.
• Revenue expected to grow 30.20% this year and another 27.80% next year.
• Earnings estimated to increase 80.90% this year, an additional 54.80% next year and continue to compound at an annual rate of 17.50% for the next 5 years.
• Wall Street analysts issued 1 buy and 1 hold recommendation on the stock.