Barchart Chart of the Day – Ball Corp (BLL) for Mar 19, 2012

To access recent archived Chart of the Day reports, please go to:
http://www.barchart.com/headlines/search.php?feed=BC&series=COD

The “Chart of the Day” is Ball Corp (BLL), which showed up on Friday’s Barchart “All Time High” list. Ball on Friday posted a new all-time high of $41.39 and closed up 1.87%. TrendSpotter took a profit on a long position on March 6 and then turned long again on March 13 at $40.38. In recent news on the stock, RM Baird on March 16 reiterated its Outperform rating on Ball and raised its target to $47 from $45 citing improved sales due to warmer weather and an increase in customer promotional activity. Ball Corp, with a market cap of $6 billion, is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers

 

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How we found the Chart of the Day:

We found the “Chart of the Day” by scanning the Barchart “All Time High” list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the “All Time Highs” menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the “Percent” column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

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.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy

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Barchart  Chart of the Day – Ball Corp (BLL) for Mar 19, 2012

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