Latest news with #ChartoftheDay
Yahoo
9 hours ago
- Business
- Yahoo
This ‘Strong Buy' Stock Is Seriously Flying Under the Radar
Sportradar (SRAD) exhibits strong technical momentum, hitting a new 52-week high on Tuesday, July 2. SRAD has a 100% technical 'Buy' signal via Barchart. The stock has gained 150% over the past year and shows continued bullish signals from Barchart's Trend Seeker. Fundamentals show projected double-digit revenue growth, but earnings are volatile. Valued at $30.8 billion, Sportradar Group (SRAD) is a provider of sports betting and sports entertainment products and services. I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. SRAD checks those boxes. Since the Trend Seeker signaled a buy on April 14, the stock has gained 20.6%. Microsoft Stock Is Headed for $4 Trillion. Is It Too Late to Buy MSFT Here? Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025? Is Palantir Stock a Buy at New Record Highs? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! SRAD Price vs. Daily Moving Averages: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Sportradar shares hit a new 52-week high on July 1, touching $28.50 in intraday trading. Sportradar has a 100% technical 'Buy' signal. The stock recently traded at $27.50, above its 50-day moving average of $24.32. SRAD has a Weighted Alpha of +137.98. The stock has gained 150% over the past year. SRAD has its Trend Seeker 'Buy' signal intact. Sportradar is trading above its 20, 50 and 100-day moving averages. The stock has made 12 new highs and gained 12.4% in the last month. Relative Strength Index is at 74.69%. The technical support level is $27.20. $30.8 billion market cap. Trailing price-earnings ratio of 147.79x. Revenue is projected to grow 15.36% this year and another 15.17% next year. Earnings are estimated to decrease 18.45% this year but increase by 50.71% next year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts and major advisory sites are bullish on this stock. The Wall Street analysts tracked by Barchart issued 14 'Strong Buy,' one 'Moderate Buy,' and one 'Hold' opinion on the stock. Value Line does not rate the stock. CFRA's MarketScope rates the stock a 'Strong Buy.' MorningStar thinks the stock is 29% overvalued. 3,610 investors monitor the stock on Seeking Alpha, which rates the stock a 'Strong Buy.' Sportradar currently has momentum and support from both the market and individual investors. I caution that SRAD is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Is Coinbase's Rally Overextended?
Shares in Coinbase are nearing an overvaluation threshold, prompting research firm 10x to recommend a short position in the stock versus a long in bitcoin. Is short COIN/long BTC the way to go? CoinDesk's Jennifer Sanasie breaks it down on 'Chart of the Day,' presented by
Yahoo
24-06-2025
- Business
- Yahoo
Up 515%, Watch This Biopharma Breakout
Verona Pharma (VRNA) is showing exceptional technical strength, hitting a new high in morning trading on June 24. The stock has a 100% technical 'Buy' signal via Barchart. The stock has surged 515% over the past year, with Trend Seeker and moving averages confirming the bullish trend. Fundamentals are robust and generally bullish analyst sentiment supports VRNA. Valued at $7.87 billion, Verona Pharma (VRNA) is a clinical-stage biopharmaceutical company. It researches, discovers and develops therapeutic drugs to treat respiratory diseases primarily in the United Kingdom and North America. Verona was last featured in Chart of the Day on Feb. 4 when it closed at $58.98. Shares have gained 66.18% since then. Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. 'Record-Shattering': Warren Buffett's Berkshire Hathaway Has Now Paid $101 Billion in Cumulative Federal Income Tax Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. VRNA checks those boxes. Since the Trend Seeker signaled a buy on April 28, the stock has gained 41%. VRNA Price vs. Daily Moving Averages: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Verona shares hit a new 52-week high on Tuesday, June 24, touching $98.21 in morning trading. Verona has a 100% technical 'Buy' signal. The stock recently traded at $98.21, above its 50-day moving average of $75.24. VRNA has a Weighted Alpha of +474.59. The stock has gained 515.8% over the past year. VRNA has its Trend Seeker 'Buy' signal intact. Verona is trading above its 20, 50 and 100-day moving averages. The stock has made 12 new highs and gained 28.7% in the last month. Relative Strength Index is at 78.50%. The technical support level is $95.08. $7.87 billion market cap. Revenue is projected to grow 833.62% this year and another 80.56% next year. Earnings are estimated to increase 156.67% this year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are moderately bullish on this stock. Wall Street analysts tracked by Barchart issued 10 'Strong Buy' opinions on the stock. MorningStar thinks the stock is 55% overvalued. 6,270 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' Verona currently has momentum and support from both the market and individual investors. I caution that VRNA is volatile and speculative — use strict risk management and stop-loss strategies. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
How the S&P 500 has historically reacted to geopolitical shocks
US markets (^DJI, ^GSPC, ^IXIC) have fluctuated since Israel's initial strike on Iran last week, but they have since rebounded and even climbed after Iran struck a US base in Qatar. Yahoo Finance Markets Reporter Josh Schafer joins Asking for a Trend in this segment of Chart of the Day to take a look at how the S&P 500 has tended to react to geopolitical conflict since 1950. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Markets typically do react to what is happening geopolitically, but not necessarily for a long time. So what we're looking at today, in our chart of the day, this comes from Morgan Stanley's Mike Wilson, is S&P 500 performance after geopolitical tensions have risen. This is looking at more than 20 instances, back to 1950. What you're looking at here is the average performance for the bench benchmark index a month later, three months later, 12 months later. Of course, three key take or the key takeaway from the three of these, markets are almost often always higher as we move forward with this conflict. So a couple reasons why that might be. Of course, markets are forward looking, right? And so something that we're seeing happening right now is maybe markets move to an extreme case, stocks go lower, oil spikes, and then the concern sort of hits a peak, and then stocks are able to rebound off of that. Now, this is, of course, not always the case. Some of the instance Wilson looked at that would not look as positive for this, you could go back to the 1970s oil spike, or you could look at 2007 and the US's escalations in the Middle East then. Of course, both of those instances, there was also multiple things happening in the economy at the time that could have been a potential headwind. But again, on average, stocks usually do bounce back after we see these bouts with geopolitical tensions. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
How the S&P 500 has historically reacted to geopolitical shocks
US markets (^DJI, ^GSPC, ^IXIC) have fluctuated since Israel's initial strike on Iran last week, but they have since rebounded and even climbed after Iran struck a US base in Qatar. Yahoo Finance Markets Reporter Josh Schafer joins Asking for a Trend in this segment of Chart of the Day to take a look at how the S&P 500 has tended to react to geopolitical conflict since 1950. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
