's Chart of the Day - TIM Participacoes
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 TSU - Tim Participacoes S.A.

The Barchart Chart of the Day belongs to the Brazilian mobile cellular company TIM Participacoes (TSU). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/4 the stock gained 31.63%.

TIM Participações S.A. provides telecommunication services in Brazil. It offers mobile voice and data, broadband Internet access, value-added, and other telecommunications services and products. The company offers prepaid and postpaid services; corporate solutions for mobile or fixed services, as well as mobile-to-mobile services; value-added services; financial and other services; digital channels; and customer services. It also provides landline telephone services, domestic long-distance and international long-distance voice services, personal mobile services, and multimedia communication services. In addition, the company sells various mobile handsets and accessories through its dealer network, which includes its own stores, exclusive franchises, and authorized dealers; and offers co-billing services to other telecommunication service providers. As of December 31, 2018, it served a subscriber base of 55.9 million customers; and had approximately 12.2 thousand points of sale, including 156 company owned stores, as well as had approximately 310 thousand points of sales to access prepaid phone services through supermarkets, newsstands, and other small retailers. The company was formerly known as Tele Celular Sul Participações S.A. and changed its name to TIM Participações S.A. in August 2004. The company was founded in 1998 and is headquartered in Rio de Janeiro, Brazil. TIM Participações S.A. is a subsidiary of TIM Brasil Serviços e Participações S.A.

TSU/TIM Participacoes/Barchart.

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 website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 32.10+ Weighted Alpha
  • 25.93% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 19.07% in the last month
  • Relative Strength Index 32.30%
  • Technical support level at 18.98
  • Recently traded at 19.30 with a 50 day moving average of 16.17

Fundamental factors:

  • Market Cap $9.23 billion
  • P/E 20.01
  • Dividend yield 2.33%
  • Revenue expected to be down this year by 7.20% but up again next year by 4.90%
  • Earnings estimated to decrease 28.50% this year, decrease again by 9.70% next year but increase by a compounded annual rate of 5.90% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 4 buy, 5 hold and 1 under perform recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 134 to 15 that the stock will beat the market
  • 1,067 investors are monitoring the stock on Seeking Alpha

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Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in TSU over the next 72 hours.