The Chart of the Day is a repeat and belongs to Data I/O (DAIO). If you had purchased it on 6/22 the last time it was featured it is up 47.18% since that date. I found the electronic component stock by using Barchart to sort today’s Top Stock to Own list first fr the highest Weighted Alpha, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy n 10/20 the stock gained 21.39%.

Data I/O Corporation is engaged in the design, manufacture, and sale of programming systems that are used by designers and manufacturers of electronic products. The company’s programming system products are used to program integrated circuits with the specific unique data for the product within which the integrated circuits will be used, and are an important tool for the electronics industry which is experiencing growing use of programmable integrated circuits. Data I/O markets and distributes its programming systems worldwide.

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:
 

  • 209.14+ Weighted Alpha
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 22.79% in the last month
  • Relative Strength Index 73.65%
  • Technical support level at 10.95
  • Recently traded at 12.26 with a 50 day moving average of 9.30

    • Fundamental factors:

  • Market Cap $98 million
  • P/E 17.27
  • At the present time Wall Street is not following this stock so there aren’t any Revenue or Earnings projections
  • The individual investors on Motley Fool following this stock voted 4 to 0 that it will beat the market
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