Orchids Paper Products - Chart Of The Day

The Chart of the Day belongs to Orchids Paper Products (NYSEMKT:TIS). I found the tissue products stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the lats month, then again for technical buy signals of 80% or more. Next I used the Flipchart feature to review the charts for consistency.

Orchids Paper Products Company is a tissue paper company that manufacturers and converts tissue product for the private label consumer market.

The status of 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 web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 10.99% in the last month
  • Relative Strength Index 63.57%
  • Technical support level at 33.40
  • Recently traded at 34.17 with a 50 day moving average of 31.41

Fundamental factors:

  • Market Cap $351.27 million
  • P/E 20.08
  • Dividend yield 4.12%
  • Revenue expected to grow 15.50% this year and another 16.70% next year
  • Earnings estimated to increase 19.60% this year, an additional 32.10% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 2 buy recommendations on the stock

Disclosure: None.

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