Barchart.com's Chart of the Day - MRI Interventions
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 MRIC - Mri Interventions
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MRIC4.10+0.02+0.49%

The Barchart Chart of the Day belongs to the medical products company MRI Interventions (OTC:MRIC). I found the stock by sorting Barchart's Top 100 Stocks list first by the most frequent number of new hihgs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/10 the stock gained 17.63%.

MRI Interventions Inc. operates as a medical device company. It develops platforms for invasive surgical procedures in the brain and heart under direct, intra-procedural magnetic resonance imaging. The company focuses on research and product development in the field of interventional magnetic resonance imaging. MRI Interventions Inc. is based in Irvine, California.

MRIC

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 website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 137.61% Weighted Alpha
  • 271.94% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 49.86% in the last month
  • Relative Strength Index 74.16%
  • Technical support level at 4.75
  • Recently traded at 5.10 with a 50 day moving average of 4.03

Fundamental factors:

  • Market Cap $67 million
  • The stock is too small to be followed by either the Wall Street firms or even the individual investors using Motley Fool
  • This is highly speculative and only come up on momentum screens.
  • 1,096 investors are monitoring the stock on Seeking Alpha