Perficient, Inc. (NASDAQ:PRFT)

solid performer for many years.

Summary
100% technical buy signals.
13 new highs and up 21.16% in the last month.
148.00% gain in the last year.

The Barchart Chart of the Day belongs to the computer programming services company Perficient (NASDAQ:PRFT). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. That resulted in a watch list of 30 stocks. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 4/7 the stock gained 61.59%.

Perficient, Inc. provides digital consultancy services and solutions in the United States. The company offers solutions in the digital and technology strategy, management consulting, and organizational change management areas; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio. It also provides blockchain, cloud, commerce, corporate performance management, customer relationship management, content management systems, CX platforms, custom application development, DevOps, enterprise resource planning, integration and APIs, intelligent automation, Internet of Things, mobile, portals and collaboration, supply chain, product information management, and order management solutions and services. In addition, the company offers analytics, content architecture, conversion rate optimization, creative design, email marketing, journey sciences, paid media and search, marketing automation research, SEO, and social media services; product development services, as well as a suite of proprietary products; and optimized global delivery solutions. It serves the healthcare, financial services, retail and consumer goods, manufacturing, automotive and transportation, electronics and computer hardware, telecommunications, business services, and energy and utilities markets, as well as leisure, media, and entertainment markets. Perficient, Inc. was founded in 1997 .

555 Maryville University DriveSuite 600St. Louis, MO 63141United States314-529-3600http://www.perficient.com
PRFT

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
157.98+ Weighted Alpha
148.00% gain in the last year
Trend Spotter buy signal
Above its 20, 50 and 100 Day moving averages
13 new highs and up 21.16% in the last month
Relative Strength Index 78.39%
Technical support level at 101.55
Recently traded at 100.20 with a 50 day moving average of 84.09
Fundamental factors:

Market Cap $3.38 billion
P/E 40.66
Revenue expected to grow 15.10% this year and another 8.90% next year
Earnings estimated to increase 24.40% this year, an additional 11.60% next year and continue to compound at an annual rate of 14.00% for the next 5 years
Wall Street analysts issued 3 strong buy, 3 buy and 1 hold recommendation on the stock
The individual investors following the stock on Motley Fool voted 541 to 20 that the stock will beat the market while their more experienced investors voted 103 to 3 for the same result
2,520 investors are monitoring the stock on Seeking Alpha

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 stock 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.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PRFT, over the next 72 hours.