IntriCon - Chart Of The Day

The Chart of the Day belongs to IntriCon (IIN). I found the microminiaturized electronic components stock by using Barchart to sort Today's 52 Week High list first by the highest Weighted Alpha, then I used the Flipchart featute to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/6 the stock gained 73.55%.

IntriCon designs, develops, engineers and manufactures microminiaturized medical and electronic products. The Company supplies microminiaturized components, systems and molded plastic parts, primarily to the hearing instrument manufacturing industry, as well as the computer, government, electronics, telecommunications and medical equipment industries. The Company has facilities in the United States, Asia and Europe.

(Click on image to enlarge)

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:

  • 241.88+ Weighted Alpha
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 30.53% in the last month
  • Relative Strength Index 83.01%
  • Technical support level at 20.12
  • Recently traded at 20.90 with a 50 day moving average of 15.01

Fundamental factors:

  • Market Cap $144 million
  • P/E 223.55
  • Revenue expected to grow 29.80% this year and another 16.10% next year
  • Earnings estimated to increase 192.30% this year and an additional 150.00% next year
  • Wall Street analysts issued 1 buy and 1 hold recommendation on the stock

Disclosure: None.

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