The Chart of the Day is Equifax (NYSE:EFX), I found the company by sorting the All Time High list for the stocks hitting the most frequent new Highs in the last month, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a new buy on 10/28 the stock gained 7.43%.
Equifax is one of the leaders in facilitating and securing commerce by bringing buyers and sellers together world-wide through information, transaction processing and internet businesses. Global operations include consumer and commercial credit information services, credit card marketing and processing services, check guarantee and authorization, software, modeling, database management, marketing solutions, analytics, direct to consumer services, and Internet identity verification and digital certificate services.)
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:
The price vs the 100 day moving average has been the best technical trading strategy on this stock recently and should be used for an exit point.
