The Chart of the Day belongs to Inogen (NASDAQ:INGN). I found the stock by using Barchart to sort the All Time High list to find the stocks with the most frequent new highs in the last month, then used the Flipchart feature to review the chart. Since the Trend Spotter signaled a buy on 10/27 the stock gained 40.38%.
Inogen, Inc. is a medical technology company. It offers oxygen concentrator, cart, carry bags, backpacks, external battery chargers and universal power supply for obstructive pulmonary disease patients. The Company's products include Inogen One G3 and Inogen One G2. It sells its products in the United States and internationally.
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:
Fundamental factors:
I'd use a moving stop loss 10% below the most recent high to preserve profits.
