Control4 - Chart Of The Day

The Chart of the Day belongs to Control4 Corporation (CTRL). I found the electronics stock by using Barchart to sort today's Top Stocks to Own list first for the hihgest Weighted Alpha, then I used the flipchart feature to find the chart I liked. Since the Trend Spotter signaled a buy on 8/18 the stock gained 11.07%.

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% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 13.77% in the last month
  • Relative Strength Index 74.56%
  • Technical support level at 26.69
  • Recently traded at 27.04 with a 50 day moving average of 23.31

Fundamental factors:

  • Market Cap $673.21 million
  • P/E 44.76
  • Revenue expected to grow 16.00% this year and another 12.50% next year
  • Earnings estimated to increase 22.40% this year, an additional 13.50% next year and continue to increase at an annual rate of 20.00% for at least the next 5 years
  • Wall Street analysts issued 2 strong buy, 2 buy and 4 hold recommendations on the stock

Disclosure: None.

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