The Barchart Chart of the Day belongs to the marine shipping company Global Ship Lease (NYSE:GSL). 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 11/9 the stock gained 72.34% . Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 31, 2020, it owned 45 containerships with an aggregate capacity of 248,968 twenty-foot equivalent units. The company is based in London, the United Kingdom. 
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
- 153.50+ Weighted Alpha
- 57.08% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 28.06% in the last month
- Relative Strength Index 78.39%
- Technical support level at 12.57
- Recently traded at 13.15 with a 50 day moving average of 9.77
Fundamental factors: - Market Cap $230 million
- P/E 6.95
- Revenue expected to grow 8.20% this year and another .70% next year
- Earnings estimated to increase 53.70% next year and continue to compound at an annual rate of 12.00% for the next 5 years
- Wall Street issued 1 strong buy and 1 buy recommendation on the stock
- The individual investors flowing the stock on Motley Fool voted 74 to 2 that the stock will beat the market
- 4,580 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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