SAFM

The Chart of the Day belongs to Sanderson Farms (SAFM).  I found the vertically integrated poultry stock by using Barchart to sort today's All Time High list first by the mots frequent number of new highs in the last month then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/26 the stock gained 124.45%.

Sanderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.


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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Fundamental factors: