LXFR
Luxfer is a materials technology company, that designs, manufactures, and supplies high-performance materials, components, and high-pressure gas-containment devices for transportation, defense and emergency response, healthcare, and general industrial applications in Europe, North America, the Asia Pacific, and internationally.
It has two operations. The Gas Cylinders and Elektron.
The Gas Cylinders manufactures and markets aluminum and composite cylinders and systems, which are used in self-contained breathing apparatus, fire extinguishers, alternative fuels, bulk gas transportation, specialty gases, medical, beverages, scuba, and aerospace applications under the Luxfer Gas Cylinders brand. This operation also designs and manufactures aluminum, titanium, and magnesium plates for use in aerospace, automotive, rail, and medical products under the Superform brand.
The Elektron focuses on specialty materials based on magnesium, zirconium, and rare earths. It develops and manufactures magnesium alloys; magnesium powders; and magnesium, copper, and zinc photoengraving plates. This operation also develops and manufactures specialty zirconium products, including zirconium-based materials, zirconium oxides, fiber-optic fuel cells, and other products. The company was founded in 1898 and is based in Manchester, the United Kingdom.
NOTE:
MINOLA is the acronym of Minervini, O'Neil and Larry Williams. This a filter I created that combines the 3 strategies of these 3 wizzards of Stock Market. The filter tries to capture the Minervini SEPA strategy, the O'Neil Pocket Pivot and the ADX(14) of larry Williams. I created this filter in stockfetcher.com
TECHNICAL:
Nov. 06, 2018 flagged as MINOLA on my stockfetcher with a significant volume of 535K breaking out the Aug. 23, 2018 volume of 374K and leveled the previous volume last April 26, 2017. Based on the previous breakout last may 10, 2018 it rose from $15 to $17 and pulled back somewhere at $16.00. With this new breakout the rise is around $23.00 to $28.00. Give or take the pull back could be somewhere around $25.00 or $24.00.
NEWS: Zack bet on this stock as one one with Good Net Margin
CHART (2 Years)
CHART (1 Year)
FINVIZ:
BIG CHART (LXFR on 1 decade against NASDAQ):
Looking at the Decade chart of LXFR on Bigcharts.com the stock had actually broken out previous high and had created a divergence against the NASDAQ chart. This divergence could mean a year of new high just like in 2013.
Luxfer is a materials technology company, that designs, manufactures, and supplies high-performance materials, components, and high-pressure gas-containment devices for transportation, defense and emergency response, healthcare, and general industrial applications in Europe, North America, the Asia Pacific, and internationally.
It has two operations. The Gas Cylinders and Elektron.
The Gas Cylinders manufactures and markets aluminum and composite cylinders and systems, which are used in self-contained breathing apparatus, fire extinguishers, alternative fuels, bulk gas transportation, specialty gases, medical, beverages, scuba, and aerospace applications under the Luxfer Gas Cylinders brand. This operation also designs and manufactures aluminum, titanium, and magnesium plates for use in aerospace, automotive, rail, and medical products under the Superform brand.
The Elektron focuses on specialty materials based on magnesium, zirconium, and rare earths. It develops and manufactures magnesium alloys; magnesium powders; and magnesium, copper, and zinc photoengraving plates. This operation also develops and manufactures specialty zirconium products, including zirconium-based materials, zirconium oxides, fiber-optic fuel cells, and other products. The company was founded in 1898 and is based in Manchester, the United Kingdom.
NOTE:
MINOLA is the acronym of Minervini, O'Neil and Larry Williams. This a filter I created that combines the 3 strategies of these 3 wizzards of Stock Market. The filter tries to capture the Minervini SEPA strategy, the O'Neil Pocket Pivot and the ADX(14) of larry Williams. I created this filter in stockfetcher.com
TECHNICAL:
Nov. 06, 2018 flagged as MINOLA on my stockfetcher with a significant volume of 535K breaking out the Aug. 23, 2018 volume of 374K and leveled the previous volume last April 26, 2017. Based on the previous breakout last may 10, 2018 it rose from $15 to $17 and pulled back somewhere at $16.00. With this new breakout the rise is around $23.00 to $28.00. Give or take the pull back could be somewhere around $25.00 or $24.00.
NEWS: Zack bet on this stock as one one with Good Net Margin
CHART (2 Years)
LXFR has a very high EPS Quarter per Quarter (EPS Q/Q) which is 296% and the Sales Quarter per Quater (Sales Q/Q) is also on the positive side which is 20.30%. The target that Finviz set is $15.00 which is very low. But it could also be possible since the stock had gone very far from the 200SMA (the green line on the above chart.)
In case this stock falls to $15.00, take a look at the following chart of NMIH. A similar configuration might happen.
BIG CHART (LXFR on 1 decade against NASDAQ):
Looking at the Decade chart of LXFR on Bigcharts.com the stock had actually broken out previous high and had created a divergence against the NASDAQ chart. This divergence could mean a year of new high just like in 2013.
BIG CHART (LXFR on 1 Decade)
BIG CHART (LXFR on 1 Year)
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