Summary
TSS Inc. (TSSI) shows strong technical buy signals, high Weighted Alpha, and superior momentum, gaining 6.57% since the Trend Seeker buy signal on 11/26.
The company provides comprehensive IT integration services, serving various sectors including IT OEM equipment, private businesses, and government entities.
Barchart's indicators show 100% technical buy signals, a 2,983.05% gain in the last year, and a Trend Seeker buy signal, with strong technical support.
Despite high P/E and overvaluation concerns, major firms rate TSSI positively, but investors should follow a disciplined risk management strategy due to volatility.
The Chart of the Day belongs to the information technology company TSS Inc. (TSSI) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/26 the stock gained 6.57%.
TSSI Price vs Daily Moving Averages:
TSS, Inc. provides integration technology services to implement, operate, and maintain information technology systems to enterprises and users in the United States. The company operates in two segments, Facilities and Systems Integration. It offers a single source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities, and the infrastructure systems. The company also provides technology consulting, design and engineering, project management, systems integration, system installation, facilities management, and IT procurement services. It serves IT OEM equipment, technology, and service companies; private sector businesses; and government or commercial end users. The company was formerly known as Fortress International Group, Inc. and changed its name to TSS, Inc. in June 2013. TSS, Inc. was incorporated in 2004 and is headquartered in Round Rock, Texas.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 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
- 991.43+ Weighted Alpha
- 2,983.05% gain in the last year
- Trend Seeker buy signal
- .92 - 60 month Beta
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 33.60% in the last month
- Relative Strength Index 56.88%
- Technical support level at $9.63
- Recently traded at $10.06 with 50 day moving average of $8.45
Fundamental Factors:
- Market Cap $240 million
- P/E 56.28% next year
Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:
- Value Line rates the stock an above average 2
- CFRA's MarketScope rates the stock a strong buy
- MorningStar thinks the stock is 74% over valued
- 1,370 investors monitor the stock on Seeking Alpha
Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
