Barchart.com's Chart of the Day - Identiv
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 INVE - Identiv Inc
SymLastChgPct
INVE5.90-0.17-2.80%

The Barchart Chart of the Day belongs to Identiv (INVE). I found the computer security stock by using Barchart to sort today's New 52 Week Highlist first by the most frequent number of new highs in the last month, then I used the Flipchart feature to review the charts for consistent price appreciation over the last 6 months. Since the Trend Spotter signaled a buy on 7/11 the stock gained 39.18%.

Identiv Inc. is a global security technology company. It provides trust solutions in the connected world, including premises, information and everyday items. The Company's trust solutions are implemented using standards-driven products and technology, such as hardware, software, digital certificates, and mobility and cloud services. Its products are used in corporate employee identification cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses. Identiv Group, Inc., formerly known as Identive Group, Inc., is headquartered in Fremont, California.

INVE

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
  • 67.50+ Weighted Alpha
  • 22.44% gain in the last year
  • Trend Spotter by signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 40.78% in the last month
  • Relative Strength Index 74.10%
  • Technical support level at 5.15
  • Recently traded at 6.11 with a 50 day moving average of 4.51

Fundamental factors:

  • Market Cap $82 million
  • Revenue expected to grow 25.20% this year and another 12.00% next year
  • Earnings estimated to increase 39.10% this year and an additional 71.40% next year
  • Wall Street analysts issued 3 strong buy recommendations on the stock.