The Chart of the Day is Access National (NASDAQ:ANCX) . I found the stock buy sorting the All Time High list for the stock with the best technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 1/13 the stock gained 11.47%.
Access National Corporation serves as the holding company for Access National Bank and its subsidiaries, Access National Mortgage Corporation and Access National Leasing Corporation.
The status of 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 web site when you read this report
Barchart technical indicators:
Fundamental factors:
None of the usual technical trading strategies have worked on this stock so I’d advice you to place a trailing stop loss 10% below the recent high.
