Usana Health Sciences (USNA) is the Barchart Chart of the Day. I found the medicinal drug stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation over the past 6 months. Since the Trend Spotter signaled a buy on 2/15 the stock gained 42.06%.
Usana Health Sciences Inc. develops and manufactures high-quality nutritional, personal care and weight management products. The company's three primary product lines consist of nutritional, personal care and weight management products. The company's products are distributed primarily through a network marketing system.
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:
- 100% technical buy signals
- 111.78+ Weighted Alpha
- 85.59% gain in the last year
- Trend Spotter buy signals
- Above its 20, 50 and 100 day moving averages
- 16 new highs an up 31.63% in the last month
- Relative Strength Index 81.66%
- Technical support level at 95.08
- Recently traded at 109.25 with a 50 day moving average of 85.79
- Market Cap $2.31 billion
- P/E 23.82
- Revenue expected to grow 8.20% this year and another 6.50% next year
- Earnings estimated to increase 8.60% this year, an additioanl 13.80% next year and continue to compound at an annual rate of 10.00% for the next 5 years
- Wall Street analysts issued 2 buy recommendations on the stock