The Barchart Chart of the Day belongs to the healthcare company The Pennant Group (NASDAQ:PNTG). 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 13/30 the stock gained 51.96%. The Pennant Group, Inc. provides healthcare services in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, counseling, and palliative services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, and meals, as well as housekeeping and assistance in the activities of daily living to seniors, who are independent or who require some support. As of November 5, 2020, the company operated 75 home health and hospice agencies; and 54 senior living communities. The Pennant Group, Inc. was founded in 2019 and is headquartered in Eagle, Idaho. 
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
- 200.10+ Weighted Alpha
- 96.83% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 35.88% in the last month
- Relative Strength Index 77.98%
- Technical support level at 59.72
- Recently traded at 62.66 with a 50 day moving average of 47.47
Fundamental factors: - Market Cap $1.75 billion
- P/E 95.16
- Revenue expected to grow 12.90% this year and another 13.20% next year
- Earnings estimate to increase 27.90% this year and an additional 21.80% next year
- Wall Street analysts issued 1 strong buy and 2 hold recommendations on the stock
- 2,060 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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