Monday, December 28, 2020

Chart of the Day - Unisys


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Barchart.com's Chart of the Day - Unisys
December 28, 2020: Published by Barchart.com

The Barchart Chart of the Day belongs to the IT services company Unisys (NYSE:UIS).   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 68.89%.  

Unisys Corporation operates as an information technology company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services. Its solutions include Unisys InteliServe, a service solution that transforms traditional service desk into an intelligent, user-centric experience aligned with the needs of the modern digital workplace; Unisys CloudForte, a comprehensive managed service offering to help accelerate the secure move of data and applications to the cloud; and Unisys Security Solutions, a portfolio that includes managed security services, security consulting services, the Unisys Incident Response Ecosystem subscription service, and the TrustCheck cyber risk management solution. The Technology segment designs and develops software, and hardware and other related products. Its products include Unisys ClearPath Forward, a software operating environment for high-intensity enterprise computing; and Unisys Stealth security software, which enables trusted identities to access micro-segmented critical assets and safely communicate through secure and encrypted channels. This segment also provides industry application products, which allow law enforcement agencies to solve crime and social services case workers assist families; travel and transportation companies manage freight and distribution; life sciences and healthcare companies manage medical devices; and financial institutions deliver omnichannel banking. The company serves customers in the government, financial services, and commercial markets through direct sales force, distributors, resellers, and alliance partners. Unisys Corporation was founded in 1886 and is based in Blue Bell, Pennsylvania.

UIS Unisys

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
  • 5394+ Weighted Alpha
  • 66.95% gain in the last year
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 31.17% in the last month
  • Relative Strength Index 83.82%
  • Technical support level at 18.91
  • Recently traded at 19.49 with a 50 day moving average of 14.81

Fundamental factors:

  • Market Cap $1.21 billion
  • P/E 19.47
  • Revenue expected to grow 6.50% next year
  • Earnings estimate d to increase 89.30%next year
  • Wall Street analysts issued 1 strong buy , 2 buy and 1 hold recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 175 to 74 that the stock will beat the market
  • 4,890 investors are monitoring the stock on Seeking Alpha
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