- 100% technical buy signals.
- 6 new highs and up 9.50% in the last month.
- 50.77% gain in the last year.
The Chart of the Day belongs to the security and protection services company NL Industries ( NL ). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 5/4 the stock gained 31.90%.
NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, integrated inventory and access control secured narcotics boxes, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels, and other billet aluminum accessories; grab handles, pin cleats, and other accessories; and dash panels, LED indicators, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. In addition, the company offers insurance brokerage and risk management services. It sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.
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 but increasing
- 72.72+ Weighted Alpha
- 50.77% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 9.50% in the last month
- Relative Strength Index 67.20%
- Technical support level at 9.53
- Recently traded at 9.78 with 50 day moving average of 8.29
Fundamental factors:
- Market Cap $486 million
- P/E 8.21
- Revenue expected to grow 5.80% this year and another 1.30% next year
- Earnings estimated to increase 30.50% this year and another .70% next year
For further details see:
NL Industries: A Play On Protection