Moody's - Chart Of The Day

Summary

  • 100% technical buy signals.
  • 64.57+ Weighted Alpha.
  • 68.96% gain in the last year.

The Barchart Chart of the Day belongs to the financial services company Moody's (MCO). 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 function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy signal on 10/21 the stock gained 19.63%.

Moody's Corporation is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's KMV, a leading provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions, Moody's Economy.com, a provider of economic research and data services, and Moody's Wall Street Analytics, a provider of software tools and analysis for the structured finance industry.

(Click on image to enlarge)

MCO - Moody's

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
  • 64.57+ Weighted Alpha
  • 68.96% gain in the last month
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 9.54% in the last month
  • Relative Strength Index 78.09%
  • Technical support level at 257.04
  • Relative Strength Index 78.09%
  • Recently traded at 262.65 with a 50 day moving average of 238.75 

Fundamental factors:

  • Market Cap $49.13 billion
  • P/E 32.28
  • Dividend yield .77
  • Revenue expected to grow 8.00% this year and another 6.00% next year
  • Earnings estimated to increase 11.40% this year, an additional 10.80% next year and continue to increase at an annual rate of 11.50% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 1 buy and 10 hold recommendations on the stock
  • 11,128 investors are monitoring the stock on Seeking Alpha

Disclosure: None.

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