Barchart.com's Chart of the Day - Nordson
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 NDSN - Nordson Corp
SymLastChgPct
NDSN161.52-1.48-0.91%

The Barchart Chart of the Day belongs to the industrial equipment and machinery company Nordson (NDSN). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs 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 10/15 the stock gained 13.09%.

Nordson Corporation is one of the world's leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundred employees worldwide, and direct operations and sales support offices in thirty countries.

NDSN

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
  • 34.82+ Weighted Alpha
  • 29.27% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 16.35% in the last month
  • Relative Strength Index 78.82%
  • Technical support level at 161.12
  • Recently traded at 163.92 with a 50 day moving average of 145.30

Fundamental factors:

  • Market cap $9.34 billion
  • P/E 28.99
  • Dividend yield .94%
  • Revenue expected to be down 2.20% this year but up again by 3.40% next year
  • Earnings estimated to decrease 1.30% this year but increase again by 10.20% next year and continue to compound at an annual rate of 13.00% for the next 5 years
  • Wall Street analysts issued 7 buy and 5 hold recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 183 to 9 that the stock will beat the market
  • 3,443 investors are monitoring the stock on Seeking Alpha