Chart Of The Day: IES Holdings – Undiscovered And Hitting All Time Highs


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 The Chart of the Day belongs to the electrical systems and technology stock IES Holdings (IESC). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 3/ 20 the stock gained 14.49%.IESC Price vs Daily Moving AveragesIES Holdings, Inc. engages in the design and installation of integrated electrical and technology systems and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. This segment also provides design and installation services for audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. The Residential segment offers electrical installations to single-family housing and multi-family apartments; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The Infrastructure Solutions segment maintains and repairs alternating and direct current electric motors and generators, and power generating and distribution equipment; manufactures custom-engineered metal enclosed bus duct solutions used in power distribution; manufactures custom commercial and industrial generator enclosures; manufactures, re-manufactures, and repairs industrial lifting magnets; and maintains and repairs railroad main and auxiliary generators, main alternators, and traction motors. The Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. IES Holdings, Inc. was incorporated in 1997 and is headquartered in Houston, Texas.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
  • 222.52+ Weighted Alpha
  • 188.46% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50, and 100-day moving averages
  • 8 new highs and up 11.79% in the last month
  • Relative Strength Index 79.83%
  • Technical support level at $121.30
  • Recently traded at $126.48 with a 50-day moving average of $102.11
     
  • Fundamental Factors:

  • Market Cap $2.53 billion
  • P/E 21.53
  • Wall Street has not discovered this stock yet and has no Revenue and Earnings projections
  • Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:

  • Value Line give the stock its above average 2 rating with has an 85 Price Growth Persistence  rating
  • CFRA’s MarketScope Advisor rates the stock a strong buy
  • 1,550 investors monitor the stock on Seeking Alpha
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