The Chart of the Day is Cantel Medical (NYSE:CMN). I found the medical instruments stock by using Barchart to sort the Russell 3000 Index stocks for stocks with a Weighted Alpha of at least 50.00+ and Barchart technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 9/29 the stock gained 2.64%.
Cantel Medical Corp. is a healthcare company concentrating primarily in infection prevention and control products and diagnostic and therapeutic medical equipment. Through its United States subsidiary, MediVators, Inc., Cantel serves customers worldwide by designing, developing, manufacturing, marketing and distributing innovative products for the infection prevention and control industry.
The status of 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:
