Summary
96% technical buy signals
17 new highs and up 24.87% in the last month
5 Wall Street analysts rated it a strong buy
The Chart of the Day belongs to Ooma Inc (OOMA). I found the computer communications stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the that last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 4/4 the stock gained 15.87%.
Ooma, Inc. provides communications solutions and other connected services to small business, home and mobile users. The Company’s products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. Ooma, Inc. is based in Palo Alto, United States.
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 web site when you read this report.
Barchart technical indicators:
Fundamental factors:
