Barchart.com's Chart of the Day - Superior Drilling Products
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 SDPI - Superior Drilling Products Inc
SymLastChgPct
SDPI2.02-0.11-5.16%

TheBarchart Chart of the Daybelongs toSuperior Drilling Products(NYSEMKT:SDPI). I found the drilling bit stock by using Barchart to sort today'sTop Stock to Ownlist 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. Since the Trend Spotter signaled a buy on 3/21 the stock gained 25.58%.

Superior Drilling Products, Inc. operates as a manufacturer and remanufacturer of PDC (polycrystalline diamond compact) drill bits and drill string tools for the oil, natural gas and mining services industries. It also provides manufacturing, leasing, and refurbishing of drill string tools to oil field services clients. Superior Drilling Products, Inc. is based in United States.

SDPI

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
  • 192.67+ Weighted Alpha
  • 130.18% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 13.88% in the last month
  • Relative Strength Index 74.20%
  • Technical support level at 1.93
  • Recently traded at 2.19 with a 50 day moving average of 1.77

Fundamental factors:

  • Market Cap $49 million
  • Revenue expected to grow 23.70% this year and another 26.90% next year
  • Earnings estimated to increase 600.00% this year and an additional 57.10% next year
  • Wall Street analysts issued 2 string buy recommendations on the stock