Summary

• 100% technical buy signals.
• 14 new highs and up 92.54% in the last month.
• 197.37% gain in the last year.

The Barchart Chart of the Day belongs to the solar products company JinkoSolar (NYSE: JKS).  I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 9/25 the stock gained 93.47%.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2019, it had an integrated annual capacity of 15.0 gigawatt (GW) for silicon wafers, including 11.5 GW for mono wafers; 10.6 GW for solar cells; and 16.0 GW for solar modules. The company has operations in the People's Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People's Republic of China.

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
• 177.14+ Weighted Alpha
• 197.37% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 92.54% in the last month
• Relative Strength Index 89.50%
• Technical support level at 41.89
• Recently traded at 44.13 with a 50 day moving average of 24.40

Fundamental factors:

• Market Cap $1.88 billion
• P/E 13.62
• Revenue expected to grow 22.20% this year and another 20.30% next year
• Earnings estimated to increase 19.50% this year, an additional 4.30% next year and continue to compound at an annual rate of 5.01% for the next 5 years
• Wall Street analysts issued a strong buy recommendation on the stock
• The individual investors monitoring the stock on Motley Fool voted 170 to 52 that the stock will beat the market
• 19,460 investors are monitoring the stock on Seeking Alpha