Barchart.com's Chart of the Day - CubeSmart
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 CUBE - Cubesmart
SymLastChgPct
CUBE33.24-0.06-0.18%

The Barchart Chart of the Day belongs to the self storage unit REIT CubeSmart(CUBE). I found the stock by sorting Barchart's Top Stocks to Own list by the most frequent number of new highs in the last month, ten used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 5/3 the stock gained 2.77%.

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition and development of self storage facilities in the United States. Its self storage facilities are designed to offer storage space for residential and commercial customers. CubeSmart, formally known as U-Store-It Trust, is based in Wayne, Pennsylvania.

CUBE

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 signal
  • 13.04+ Weighted Alpha
  • 10.69% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.26% in the last month
  • Relative Strength Index 66.01%
  • Technical support level at 33.22
  • Recently traded at 33.29 with a 50 day moving average of 32.08

Fundamental factors:

  • Market Cap $6.28 billion
  • P/E 20.04
  • Dividend yield 3.84%
  • Revenue expected to grow 5.70% this year and another 3.50% next year
  • Earnings estimated to decrease 3.60% this year but increase again by 5.00% next year and continue to compound at an annual rate of 6.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 3 buy, 8 hold and 1 under perform recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 31 to 4 that the stock will beat the market
  • 4,888 investors are following the stock on Seeking Alpha