Monday, December 7, 2020

Chart of the Day - Lydall


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Barchart.com's Chart of the Day - Lydall
December 7, 2020: Published by Barchart.com

The Barchart Chart of the Day belongs to the thermal and acoustical material manufacturer Lydall (NYSE:LDL).    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 10/7 the stock gained 58.88%.  

Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments. The Performance Materials segment offers filtration media solutions for air, fluid power, and industrial applications, such as clean-space, commercial, HVAC, power generation, respiratory protection, and industrial processes. This segment also provides nonwoven veils, papers, and specialty composites for the building product, appliances, and energy and industrial markets; and life sciences filtration products for biopharmaceutical pre-filtration and clarification, diagnostic and analytical testing, water filtration, and high purity process filtration. The Technical Nonwovens segment offers nonwoven rolled-good felt media and filter bags used primarily in industrial air and liquid filtration applications. The Thermal Acoustical Solutions segment offers engineered products for transportation sector to thermally shield sensitive components from high heat, improve exhaust gas treatment, and lower harmful emissions, as well as assist in the reduction of noise, vibration, and harshness. Its products are used in the dash insulators, cabin flooring, wheel well, aerodynamic belly pan, fuel tank, exhaust, tunnel, spare tire, engine compartment, outer dash, powertrain, catalytic converter, turbo charger, and manifolds of cars, trucks, SUVs, heavy duty trucks, and recreational vehicles. This segment also offers thermal and acoustical insulating solutions comprising organic and inorganic fiber composites. The company markets its products to original equipment manufacturers and tier-one suppliers through internal sales force and distribution network. Lydall, Inc. was founded in 1879 and is headquartered in Manchester, Connecticut.

LDL Lydall

 

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 signal
  • 114.30+ Weighted Alpha
  • 60.59% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 55.57% in the last month
  • Relative Strength Index 79.72%
  • Technical support level at 28.94
  • Recently traded at 29.89 with  50 day moving average of 21.22

Fundamental factors:

  • Market Cap $530 million
  • Revenue expected to grow 10.60% next year
  • Earnings estimated to increase 6,250.00% next year and continue to compound at an annual rate of 17.50% for the next 5 years
  • Wall Street analysts issued 1 strong by and 2 buy recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 100 to 7 that the stock will beat the market
  • 1,020 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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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.
 

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