The Chart of the Day belongs to TransDigm (NYSE:TDG). I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts, Since the Trend Spotter signaled a buy on 10/31 the stock gained 13.25%.

TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.

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:

• 100% Bachart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 7.43% in the last month
• Relative Strength Index 70.13%
• Barchart computes a technical support level at 207.86
• Recently traded at 211.86 with a 50 day moving average of 200.03

Fundamental factors:

• Market Cap $11.16 billion
• P/E 27.77
• Revenue expected to grow 7.56% this year and another 6.60% next year
• Earnings estimated to increase by 7.10% this year, an additional 15.50% next year and continue to compound at an annual rate of 10.57% for the next 5 years
• Wall Street analysts issued 3 strong buy, 6 buy and 6 hold recommendations on this stock

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy on this stock and should continue to be used for entry and exit points.