Barchart.com’s Chart of the Day – ZAGG

The Chart of the Day belongs to ZAGG (ZAGG).  I found the electronics accessory stock by using Barchart to sort today’s 52 Week High list first for the highest Weighted Alpha then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to find charts with consistent capital appreciation.  Since the Trend Spotter signaled a buy on 8/02 the stock gained 96.61%

ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries.

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:

• 207.84+ Weighted Alpha
• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 21.68% in the last month
• Relative Strength Index 74.63%
• Technical support level at 17.15
• Recently traded at 17.40 with a 50 day moving average of 13.88