The Chart of the Day belongs to Radcom (Nasdaq:RDCM). I found the computer peripheral equipment stock by using Barchart to sort today’s 52 week high list first for the highest technical buy signals then I used the Flipchart feature to review the stocks. Since the Trend Spotter signaled a buy on 1/13 the stock gained 34.56%.
Radcom designs, manufactures, markets and supports innovative, high performance Internet working test and analysis equipment for data communications networks. Their products are used in the development and manufacturing of network equipment, the installation of networks, and the ongoing maintenance of operational networks.
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 was a reliable technical trading strategy for this stock.
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