The last Barchart Chart of 2020 belongs to the financial services company Discover Financial Services (NYSE:DFS). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 9/30 the stock gained 56.68%. Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was founded in 1985 and is based in Riverwoods, Illinois. 
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
- 60.89% Weighted Alpha
- 7.10% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 ad 100 day moving averages
- 15 new highs and up 18.85% in the last month
- Relative Strength Index 72.14%
- Technical support level at 89.29
- Recently traded at 90.53 with a 50 day moving average of 77.73
Fundamental factors: - Market Cap $27.7 billion
- P/E 27.08
- Dividend yield 2.00%
- Revenue expected to grow 3.40% next year
- Earnings estimated to increase 135.60% next year
- Wall Street analysts issued 8 strong buy, 8 buy, 8 hold and 1 underperform recommendations on the stock
- The individual investors following the stock on Motley Fool voted 740 to 98 that the stock will beat the market
- 28,570 investors are monitoring the stock on Seeking Alpha
The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis. | 
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