RADA Electronics Industries - Chart Of The Day

The Chart of the Day is RADA Electronics Industries (RADA).  I found the Israeli defense stock by using Barchart to sort today's Top Stocks to Own list by the highest Weighted Alpha, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy in 8/11 the stock gained 44.70%.

RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems, Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.

(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:
 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 50.95% in the last month
  • Relative Strength Index 80.11%
  • Technical support level at 2.90
  • Recently traded at 3.10 with a 50 day moving average of 2.17

Fundamental factors:

  • Market Cap $82.96 million
  • There are no analysts presently following this stock
  • The Motley Fool individual investors following this stock voted 2 to 17 that the stock will not beat the market
  • Maybe too much too fast and a possible short

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.