Weekly Comments – June 19, 2017 – BCPC, LCII, MRCY, STS

BCPC  –  Updated view following emergence of new technical indicators.  Last week shares of Balchem Corporation closed down for the week, giving up gains achieved in previous sessions.  The shares are no longer considered overbought according to our…

LCII  –  Trading guide revisited upon technical signal developments.  Shares of LCI Industries have been on a strong upward move during the month of June 2017, pushing the price into overbought territory according to the Relative Strength Index (RSI) as well…

MRCY  –  Revised view after price movement.  From a fundamental standpoint we believe Mercury Systems has made good progress over the past year.  While the Company does not make frequent announcements related to customers or contracts,…

STS  –  Updated view following developments in technical signals.  The trading situation for Supreme Industries took a turn for worse in the previous week.  The shares fell through a minor, volume-related line of price support near the $17.50 price level.  The…

 

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