The Chart of the Day belongs to Ameren (AEE). I found the energy services stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 7/21 the stock gained 6.60%.
Ameren Corporation companies provide energy services customers in Missouri and Illinois. Ameren UE, one of its subsidiaries, is the one of the largest electric utilities in Missouri and distributors of natural gas. Ameren CIPS, another subsidiary, is both an electric and natural gas utility and serves one of the largest geographic areas of Illinois-based utility companies.
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: