Thursday, June 06, 2013 11:51:12 PM
Barchart.com's Chart of the Day - TearLab (TEAR) for Jun 6, 2013
The Chart of the Day is Tearlab (TEAR). The stock has soared and still has 96% Barchart technical buy signals as well as a Trend Spotter buy signal. I found the stock by sorting today's New High List by frequency and using the flipchart function.
The company is an ophthalmic device company developing and commercializing novel, lab-on-a-chip technologies that enable eye care practitioners to test for highly sensitive and specific biomarkers in tears at the point-of-care. They are commercializing a proprietary in vitro diagnostic tear testing platform, the TearLabTM Osmolarity System, which is capable of accurately and rapidly measuring biomarkers in tears at the point-of-care. The TearLabTM System requires nanoliters of tears for testing, potentially reducing collection time and simplifying the tear collection process.
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:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 47.48% in the last month
Relative Strength Index 74.33%
Barchart computes a technical support level at 11.16
Recently traded at 11.99 with a 50 day moving average of 8.47
Fundamental Factors:
Market Cap $344.83%
Revenue projected to grow 285.60% this year and another 116.80% next year
Earnings estimated to increase 2.10% this year, 58.70% next year and continue to improve at the rate of 30.00% annually for the next 5 years
Wall Street analysts issued 5 strong buy recommendation
Financial Strength C++
This stock has moved a bunch so please follow your moving averages closely to decide then to exit.
Barchart links for further information:
Quotes and Charts
Quote
Detailed Quote
Chart
Technical Analysis
Technicals Summary
Trader's Cheat Sheet™
Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies
Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
Barchart Chart of the Day and is a free email newsletter providing commentary and analysis on one ticker symbol or commodities contract each trading day. In order to assure consistent delivery of the newsletter into your inbox, add newsletters@barchart.com to your Address Book. For troubleshooting help on email delivery, please visit http://www.barchart.com/newsletters/whitelist.php.
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The Chart of the Day is Tearlab (TEAR). The stock has soared and still has 96% Barchart technical buy signals as well as a Trend Spotter buy signal. I found the stock by sorting today's New High List by frequency and using the flipchart function.
The company is an ophthalmic device company developing and commercializing novel, lab-on-a-chip technologies that enable eye care practitioners to test for highly sensitive and specific biomarkers in tears at the point-of-care. They are commercializing a proprietary in vitro diagnostic tear testing platform, the TearLabTM Osmolarity System, which is capable of accurately and rapidly measuring biomarkers in tears at the point-of-care. The TearLabTM System requires nanoliters of tears for testing, potentially reducing collection time and simplifying the tear collection process.
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:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 47.48% in the last month
Relative Strength Index 74.33%
Barchart computes a technical support level at 11.16
Recently traded at 11.99 with a 50 day moving average of 8.47
Fundamental Factors:
Market Cap $344.83%
Revenue projected to grow 285.60% this year and another 116.80% next year
Earnings estimated to increase 2.10% this year, 58.70% next year and continue to improve at the rate of 30.00% annually for the next 5 years
Wall Street analysts issued 5 strong buy recommendation
Financial Strength C++
This stock has moved a bunch so please follow your moving averages closely to decide then to exit.
Barchart links for further information:
Quotes and Charts
Quote
Detailed Quote
Chart
Technical Analysis
Technicals Summary
Trader's Cheat Sheet™
Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies
Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
Barchart Chart of the Day and is a free email newsletter providing commentary and analysis on one ticker symbol or commodities contract each trading day. In order to assure consistent delivery of the newsletter into your inbox, add newsletters@barchart.com to your Address Book. For troubleshooting help on email delivery, please visit http://www.barchart.com/newsletters/whitelist.php.
Copyright © 2012, All rights reserved. The information contained herein is derived from public sources believed to be reliable but is not guaranteed as to its accuracy or completeness. No responsibility is assumed for the use of this material and no express or implied warranties nor guarantees are made. Nothing contained herein should be construed as an offer to buy or sell, or as a solicitation to buy or sell, any securities or derivative instruments.
This message was sent by Barchart.com, 209 W. Jackson Blvd, 2nd Floor, Chicago, IL, 60606-6940. Web site: http://www.barchart.com/.
You have opted in to this permission-based newsletter. If you do not wish to receive this email, then we apologize for the inconvenience. You can immediately discontinue by clicking here: http://www.barchart.com/newsletters/manage.php?hash=ea2e7aa7ef733b6d0e2630dc0bdd7b87c95b7d86&newsletter=cod
To manage your subscriptions click here:http://www.barchart.com/newsletters/manage.php?hash=ea2e7aa7ef733b6d0e2630dc0bdd7b87c95b7d86
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