The Chart of the Day belongs to Euronet Worldwide (NASDAQ:EEFT). I found the financial payments stock by using Barchart to sort the Russell 3000 Index stocks first by technical buy signals of at least 80%, then again for a Weighted Alpha of at least 50.00+. Since the Trend Spotter signaled a buy on 9/8 the stock is up 8.19%.
Euronet Services Inc. is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators.
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:
The 50-100 Day MACD Oscillator has been an extremely good technical trading strategy for this stock and should continue to be used.
