Barchart.com's Chart of the Day - Pyxis Tankers
Related Stocks
 PXS - Pyxis Tankers
SymLastChgPct
PXS1.34+0.02+1.52%

The Barchart Chart of the Day belongs to the petroleum tanker company Pyxis Tankers (PXS). I found the stock by using Barchart to sort today's Top Stocks to Own list 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. The chart showed a breakout pattern. Since the Trend Spotter signaled a buy on 9/25 the stock gained 188.68%.

Pyxis Tankers Inc. provides marine transportation. The Company offers transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil as well as other liquid bulk items, including organic chemicals. Pyxis Tankers Inc. is based in Maroussi, Greece.

PXS

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 website when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 184.26% in the last month
  • Relative Strength Index 75.83%
  • Technical support level at 2.59
  • Recently traded at 2.78 with a 50 day moving average of 1.15

Fundamental factors:

  • Market Cap $64 million
  • Although revenue is expected to be down 5.50% this year, next year it is expected to be up 11.00%
  • Earnings are estimated to increase 61.50% this year and an additional 80.00% next year
  • Wall Street analysts issued 2 strong buy recommendations on the stock

When trading a souffle stock like this I advise you very closely follow the 20 and 50 day moving averages. It can tank even faster than it rose.