The Barchart Chart of the Day belongs to the real estate brokerage Redfin (NASDAQ:RDFN). 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 12/3 the stock gained 58.22%. Redfin Corporation is engaged in providing residential real estate search and brokerage services. The Company provides an online real estate marketplace and provides real estate services, such as assisting individuals to purchase or sell their residential property. It also provides title and settlement services and originate mortgages. Redfin Corporation is headquartered in Seattle, Washington. 
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
- 248.00+ Weighted Alpha
- 217.92% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 58.22% in the last month
- Relative Strength Index 84.46%
- Technical support level at 61.16
- Recently traded at 67.32 with a 50 day moving average of 48.66
Fundamental factors: - Market Cap $6.58 billion
- Revenue expected to grow 11.40% this year and another 43.10% next year
- Earnings estimated to increase 60.20% this year, an additional 80.00% next year and continue to compound at an annual rate of 5.00% for the next 5 years
- Wall Street analysts issued 3 strong buy, 3 buy, 8 hold an d3 sell recommendations on the stock
- The individual investors following the stock on Motley Fool voted 398 to 8 that the stock will beat the market
- 14,660 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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