Ikang Healthcare - Chart Of The Day

The Chart of the Day belongs to the Chinese healthcare stock iKang Healthcare(KANG). I found the stock by using Barchart to sort today's  Percentage Change Leaders first by the highest technical buy signals, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 2/21 the stock gained 22.39%.

iKang Healthcare Group, Inc. is engaged in providing preventive healthcare solutions in the People's Republic of China. It offers medical examination, screening and other services. The Company primarily serves corporate and individual customers. It provides its services through self-owned medical centers and the facilities of third-party service providers. iKang Healthcare Group, Inc. is headquartered in Beijing, the People's Republic of China.

 

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
  • 10 new highs and up 22.17% in the last month
  • Relative Strength Index 83.26%
  • Technical support level 19.25
  • Recently traded at 19.95 with a 50 day moving average of 16.79

Fundamental factors:

  • Market Cap $1.29 billion
  • P/E 71.08
  • Wall Street analysts seldom follow ADRs
  • The individual investors who follow the stock on Motley Fool voted 5 to 0 that the stock will beat the market.

Disclosure: None.

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