Alaska Communications Systems Group Inc. - Buy Signals
Today I added Alaska Communication Systems (NASDAQ:ALSK) to the Barchart Van Meerten New High portfolio for positive technical indicators:
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 34.81% in the last month
- Relative Strength Index 76.84%
- Barchart computes a technical support level at 2.11
- Recently traded at 2.42 with a 50 day moving average of 1.88
Disclosure: None
Curious to see why there have been no upgrades on the stock since May 2008. There were four upgrades in March 2007 to May 2008, and the latest activity was a downgrade in Nov. 2011, and no activity since. Will be interesting to see if it can beat earnings estimates when reported the first week in August and whether that will boost the stock price.