Summary

• Cellebrite DI (CLBT) shows strong technical buy signals, with a 12.61% gain since the Trend Seeker buy signal on 11/20 and a 159.09% gain in the past year.

• The company specializes in digital forensics solutions for legally sanctioned investigations, serving federal, state, and local agencies globally.

• Key technical indicators include 100% technical buy signals, a Weighted Alpha of 146.83+, and trading above its 20, 50, and 100-day moving averages.

• Fundamental factors highlight a market cap of $4.20 billion, a P/E of 54.68, and expected revenue growth of 22.85% this year and 16.57% next year.

The Chart of the Day belongs to the digital forensics company Cellebrite DI (CLBT) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/20 the stock gained 12.61%.

CLBT Price vs Daily Moving Averages:

Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft. It provides Inseyets, a digital forensics software that collects and reviews digital evidence from various digital sources when conducting legally sanctioned investigations. The company's digital forensics software also offers data extraction, decoding capabilities, workflows, and automation capabilities. In addition, it provides Cellebrite Pathfinder, which reduces the time spent manually reviewing digital evidence by automating data analysis and visualization; Smart Search, an open source intelligence tool that automates the collection and review of publicly available online data; and Guardian, a case and evidence management solution. Further, the company offers digital forensic software for enterprises and service providers, including Inseyets for Enterprise, Endpoint Inspector, and Mobile Now; and professional services, such as training and certification services, and other services. It serves federal and state and local agencies. The company is headquartered in Petah Tikva, Israel. 

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
• 146.83+ Weighted Alpha
• 159.09% gain in the last year
• Trend Seeker buy signal
• 1.57 - 60 month Beta
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 13.94% in the last month
• Relative Strength Index 65.24%
• Technical support level at $19.95
• Recently traded at $21.25 with 50 day moving average of $19.10

Fundamental Factors:

• Market Cap $4.20 billion
• P/E 54.68
• Revenue expected to grow 22.85% this year and another 16.57% next year
• Earnings are estimated to increase by 38.03% this year

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analyst gave 7 strong buy and 1 buy opinion on the stock
• CFRA's MarketScope rates the stock a hold
• MorningStar thinks the stock is 41% over valued
• 2,930 investors monitor the stock on Seeking Alpha

Additional disclosure: 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 stocks 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.