 The Barchart Chart of the Day belongs to the diversified media company E.W.Scripps (NASDAQ:SSP). 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 1/26 the stock gained 44.04%. The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, National Media, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations. This segment also runs network, syndicated, and original programming. The National Media segment offers content services through apps on Internet-connected devices, such as set-top boxes, smartphones, smart televisions, and tablets. This segment also operates Katz, which broadcasts content through over-the-air on local broadcasters' digital sub-channels, and cable and satellite; Newsy, a national news network, which provides politics, entertainment, science, and technology news; and Triton that offers digital audio technology and measurement services for digital audio marketplace. In addition, this segment operates Stitcher that create original podcasts, a digital audio recording of a themed series; provides a mobile application where consumers can stream the latest news, sports, talk, and entertainment on demand; offers podcast ad agency services; and operates Midroll Media advertising network. The company also operates Scripps National Spelling Bee, an investigative reporting newsroom in Washington, D.C. It serves audiences and businesses. It operates through a network of 60 television stations. The company was formerly known as Scripps Howard, Inc. The E.W. Scripps Company was founded in 1878 and is headquartered in Cincinnati, Ohio. 
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 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
- 190.81+ Weighted Alpha
- 115.85% gain in the last year
- Trend Spotter buy signal
- Above its 20,50 and 100 day moving averages
- 16 new highs and up 42.14% in the last month
- Relative Strength Index 81.34
- Technical support level at 19.58
- Recently traded at 22.60 with a 50 day moving average of 16.61
Fundamental factors: - Market Cap $1.71 billion
- P/E 11.60
- Dividend yield .95%
- Revenue expected to grow 17.20% this year and another 11.20% next year
- Earnings estimated to increase 250.00% next year and continue to compound at an annual rate of 10.00% for the next 5 years
- Wall Street analysts issued 3 strong buy and 4 hold recommendations on the stock
- 2,325 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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