Chart of the Day - New Fortress Energy

Find trading opportunities using many of Barchart.com’s free tools, such as Trading Signals, Screeners, and Barchart Opinions. Barchart.com's Chart of the Day - New Fortress Energy October 16, 2020: Published by Barchart.com The Barchart Chart of the Day belongs to the energy infrastructure company New Fortress Energy (NASDAQ:NFE).  I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals then sorted the list by the most frequent number of new highs in the last month.   I used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 7/8 the stock gained 186.80%. New Fortress Energy Inc. operates as an integrated energy infrastructure company worldwide. It funds, builds, and operates natural gas infrastructure and logistics to deliver integrated turnkey energy solutions that enhance environmental stewardship and transform local industries and communities. The company was founded in 2014 and is based in New York, New York.   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 website when you read this report. Barchart technical indicators: 100% technical buy signals 263.70+ Weighted Alpha 183.54% gain in the last year Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 15 new highs and up 59.11% in the last month Relative Strength Index 71.47% Technical support level at 48.86 Recently traded at 49.96 with a 50 day moving average of 34.59 Fundamental factors: Market Cap $8.43 billion Dividend yield .78% Revenue expected to grow 163.90% this year and another 137.30% next year Earnings estimated to increase 75.20% this year and an additional 544.10% next year Wall Street analysts issued 4 strong buy, 5 buy and 2 hold recommendations on the stock 973 investors are monitoring the stock on Seeking Alpha The #1 strategy that could have sent you 20 years with no losing years… Trophy Trades have already proven to have the potential to earn you as much as $13.5 million dollars… But it’s never been released to the public before - now that changes for you Click here to save your spot for the LIVE reveal of Trophy Trades (By clicking the link above you will automatically opt-in to receive emails from WealthPress) More on this symbol: QUOTES Overview Performance Report   CHARTS Interactive Chart Technical Chart   TECHNICALS Technical Analysis Trader’s Cheat Sheet Barchart Opinion Trading Strategies Price History OPTIONS Options Quotes Volatility & Greeks Covered Calls Naked Puts Option Spreads   COMPANY News Profile SEC Filings Competitors Stock Comparison ANALYSTS Earnings Estimates Analyst Ratings   FINANCIALS Income Statement Cash Flow Balance Sheet   ARCHIVE Past Reports Free Newsletters You're receiving this email because you registered for the Barchart's Chart of the Day subscription service/newsletter or because you have a prior existing relationship with Barchart.com and previously provided your email address to us. To ensure that you continue to receive emails from us, add newsletters@barchart.com to your address book today. Copyright © 2018, 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.   Barchart.com, Inc. • 209 W Jackson • Chicago, IL 60606 • USA Unsubscribe from this list