Comfort Systems USA - All Time High

The Chart of the Day is Comfort Systems USA (NYSE:FIX). I found the heating and air conditioning products stock by using Barchart to sort the All Time High list for the stocks with the highest Weighted Alpha then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 6/23 the stock gained 22.36%.

Comfort Systems USA, Inc. is a national provider of comprehensive heating, ventilation and air conditioning installation, maintenance, repair and replacement services. They operate primarily in the commercial and industrial HVAC markets, and perform most of their services within manufacturing plants, office buildings, retail centers, apartment complexes, and healthcare, education and government facilities.

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:

  • 100% Barchart technical buy signals
  • 110.70+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 24.22% in the last month
  • Relative Strength Index 79.76%
  • Barchart computes a technical support level at 27.07
  • Recently traded at 28.63 with a 50 day moving average of 23.66

Fundamental factors:

  • Market Cap $1.07 billion
  • P/E 31.06
  • Dividend yield .87%
  • Revenue expected to grow 11.90% this year and another 8.60% next year
  • Earnings estimated to increase 49.20% this year, an additional 41.50% next year and continue to increase at an annual rate of 15.65% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 2 hold recommendations on the stock

The 20-100 Day MACD Oscillator has been an extremely reliable technical trading strategy for this stock

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.