The Chart of the Day belongs to SCANA Corp. (NYSE:SCG). I found the electric utility stock by using Barchart to sort today’s All Time High list first by the most frequent number of new highs in the last month then for technical buy signals of 80% or better. I always use the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 3/4 the stock gained 4.34%.
SCANA Corporation is an energy-based holding company whose businesses include regulated electric and natural gas utility operations, telecommunications and other non-regulated energy-related businesses. SCANA’s subsidiaries serve electric customers in South Carolina, North Carolina and Georgia.
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:
The 100 day moving average vs price has been a reliable technical trading strategy for this stock
