The Barchart Chart of the Day belongs to Apptio (APTI). I found the internet software stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price over the last 6 month period. Since the Trend Spotter signaled a buy on 4/16 the stock gained 7.91%.

Apptio, Inc. is a provider of cloud-based technology business management software for managing business of information technology. It offers cloud application which includes Apptio Cost Transparency, Apptio IT Planning, Apptio IT Benchmarking, Apptio Business Insights and Apptio Bill of IT. The company also offers Data Studio, Model Studio and Report Studio under TBM Studio. Apptio, Inc. is based in Bellevue, United States.

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:

  • 100% technical buy signals
  • 130.07+ Weighted Alpha
  • 151.79% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 13.62% in the last month
  • Relative Strength Index 65.17%
  • Technical support level at 30.89
  • Recently traded at 32.28 with a 50 day moving average of 29.37
  • Fundamental factors:

  • Market Cap $1.36 billion
  • Revenue expected to grow 18.30% this year and another 18.00% next year
  • Earnings estimated to increase 104.20% this year, an additional 2300.00% next year and continue to compound at an annual rate of 208.40% for the next 5 years
  • Wall Street analysts issued 8 strong buy and 2 hold recommendations on the stock