Skip to main content

There's always a stock rising somewhere - USANA an unlikely candidate

Every week or so I profile a few stocks that fall into the category of "reasonable value" and are showing strong charts. Today I'll submit just one stock, mostly because the recent downturn has played havoc with so many companies charts.

The stock in question is USANA Health Sciences (USNA). According to Yahoo!, here is what the company does: "USANA Health Sciences, Inc. engages in the development, manufacture, and sale of nutritional and personal care products in North America and the Asia Pacific. The company offers two product lines, USANA Nutritionals and Sense. The USANA Nutritionals product line consists of essentials, which include vitamins and mineral supplements. The Sense product line includes personal care products that support healthy skin and hair."

So what we have is a very consumer-driven health care company. Not particularly unique in itself but the company seems to be doing very well. Even with the recent run-up in its stock, it doesn't seem to be over-priced. I'll illustrate what I mean by "reasonable value" by showing the Fundamental analysis tab from the new Trade-Radar Stock Inspector software.


Click graphic above to view larger image

Just check it out - almost every indicator is green.Valuation indicators, debt analysis indicators, revenue and earnings growth and management effectiveness. The company seems to be running on all cylinders.

I mentioned above that the stock had a strong chart so here it is:


You can see that the trending indicators, Aroon, MACD and DMI, are all reasonably bullish. You can also see that prices are bumping up against the topmost Fibonacci line. Could this indicate a buying opportunity coming up?

Disclosure: no positions

If you're interested in seeing more about the Trade-Radar Stock Inspector software, visit the Features page.

Comments

Popular posts from this blog

Running TradeRadar on Windows 7 and Windows 8

Development of the original TradeRadar Stock Inspector software was begun back in the days before Windows 7 and Windows 8 were available.

As these newer versions of Windows have become more popular, we have heard from some users that they are having problems installing and running TradeRadar on their newer PCs.

The good news is that TradeRadar will work just fine on Windows 7 and Windows 8. All you have to do is adjust the Windows Compatibility Settings to ensure TradeRadar runs as intended.

It is recommended that you can apply Compatibility Settings when running the initial installation; however, it is also possible to apply Compatibility Settings after the program has been installed.

Prior to installation
After downloading the install program, go to the folder where you have stored the TradeRadarStkInsp_7_Setup.exe or TradeRadarStkInsp_7_PRO_Setup.exe executable. Right-click on the executable file and select Properties. Click the Compatibility tab. Adjust the Compatibility mode to …

Durable Goods report for Sept just so-so but Computer segment is on fire

The Durable Goods advanced report for September 2011 was released on Wednesday.

I like to dig into the Durable Goods report because it can be useful for seeing how tech in aggregate is performing and how the sector may perform in the future. I always focus on two particular measures: shipments and new orders. Let's see how it played out last month.

Shipments -- 

I generally give less importance to Shipments since this is a backward looking measure reflecting orders that have been confirmed, manufactured and shipped. It's similar to earnings reports -- it's good to know but the data is in the past and we're more interested in the future. The following chart shows how September shipments looked for the overall tech sector:


Results for the overall tech sector were a bit weak but take a look at the next chart which tracks the Computers and related products segment:


Results here were actually quite good and, to make things even better, the previous month was revised upward.

N…

Alert HQ has moved!

End of an era!

This site was started way back in 2006/2007 to showcase my blog posts and the Alert HQ buy signals and sell signals. Alert HQ grew to include other kinds of stock alerts including Swing Signals, Trend Busters, Trend Leaders, Cash Flow Kings and more.

In the meantime, I built a sister site, TradingStockAlerts.com and I started using some of the same Alert HQ content over there. As a result, I am discontinuing the Alert HQ data here at Trade-Radar.com

The good news, however, is that all the Alert HQ signals and stock screens are still completely free. In addition, the pages have been enhanced so that you can hover over a stock symbol and a small chart will pop up so you can get a quick look at the stock's recent price action. If you click on a symbol it will take you to a page with plenty of financial and technical analysis information (still free!) as well as a larger chart that you can play with in terms of adding or deleting indicators, moving averages, etc.

Click …