The Chart of the Day belongs to iRadimed (NASDAQ:IRMD). I found the medical instrument stock by using Barchart to sort the Russell 3000 Indexstocks first for the highest Weighted Alpha then again for technical buy signals of 80% or better. Next I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 9/18 the stock gained 5.16%.

iRadimed Corporation engages in developing, manufacturing, marketing, and distributing magnetic resonance imaging (MRI) compatible products. It offers non-magnetic intravenous (IV) infusion pump systems, IV tubing sets, IV poles, wireless remote displays/controls under the mRidium name; side car pump modules; dose error reduction systems; Masimo SET SpO2 monitoring products; and MRI Pulse oximeters, and MRI oximeter remotes and displays under the iMagox name used during MRI procedures. iRadimed Corporation is headquartered in Winter Park, Florida.

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.

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