Summary
- 100% technical buy signals.
- 18 new highs and up 19.95% in the last month.
- Analysts price targets from $30.00 to $35.50.
The Chart of the Day belongs to the convenience store REIT Getty Realty ( GTY ). I found the stock by sorting the Russell 3000 Index stocks first by the most frequent number of new highs in the last month and having a Trend Spotter buy signal, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter first signaled a buy on 10/26, the stock gained 5.36%.
GTY Price vs Daily Moving Averages
Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C. Source: Seeking Alpha
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 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 website when you read this report.
Barchart Technical Indicators:
- 100% technical buy signals
- 6.51+ Weighted Alpha
- 3.33% loss in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 18 new highs and up 19.95% in the last month
- Relative Strength Index 72.56%
- Technical support level at 31.52
- Recently traded at 31.81 with 50 day moving average of 29.04
Fundamental factors:
- Market Cap $1.49 billion
- P/E 15.01
- Dividend yield 5.15%
- Revenue expected to grow 5.20% this year and another 6.50% next year
- Earnings estimated to increase 17.50% this year and decrease 24.80% next year but continue to compound at an annual rate of 2.20% for the next 5 years
For further details see:
Getty Realty - Solid Dividend (Technical Analysis)