• Curtiss-Wright (CW) shows strong technical momentum, trading near its 52-week high.
• CW stock has a 100% technical “Buy” signal and consistent price appreciation.
• The stock is backed by solid fundamentals, but it also faces steep competition. 

Today’s Featured Stock:

Valued at $16.61 billion, Curtiss-Wright (CW) is a diversified multinational company that designs and overhauls precision components. It provides highly engineered products and services for high-performance platforms and has critical applications in key areas such as commercial aerospace and defense electronics. Its solutions include reactor coolant pumps for next-generation nuclear reactors as well as advanced surface treatment technologies.

What I’m Watching:

I found today’s Chart of the Day by using Barchart’s powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker “buy” signal. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. CW checks those boxes. Since the Trend Seeker signaled a buy on April 25, the stock has gained 30.35%.

CW Price vs. Daily Moving Averages:

Barchart Technical Indicators for Curtiss-Wright:

Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each 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. These technical indicators form the Barchart Opinion on a particular stock.

When a stock is trading only 2.46% below its 52-week high, it won’t take much to hit another new high.

• Curtiss-Wright has a 100% technical “Buy” signal.
• The stock closed at $440.96 on May 29, above its 50-day moving average of $352.48.
• CW has a Weighted Alpha of +64.05.
• The stock has gained 58.82% over the past year.
• CW has its Trend Seeker “Buy” signal intact.
• Curtiss-Wright is trading above its 20, 50 and 100-day moving averages.
• The stock has made 17 new highs and gained 29.57% in the last month.
• Relative Strength Index is at 79.93%.
• The technical support level is $433.52.

Follow the Fundamentals:

• $16.61 billion market cap.
• 38.33x trailing price-earnings ratio.
• Revenue is projected to grow 8.63% this year and another 6.02% next year.
• Earnings are estimated to increase 16.17% this year and an additional 7.13% next year.

Analyst and Investor Sentiment on Curtiss-Wright:

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.

It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are moderately bullish on this stock.

• Wall Street analysts tracked by Barchart issued six “Strong Buy” and two “Hold” opinions on the stock.
• Value Line gives the stock its highest rating.
• CFRA’s MarketScope gives the stock a “Buy.”
• Morningstar thinks the stock is 11% overvalued.
• 5,440 investors monitor the stock on Seeking Alpha, which rates the stock a “Hold.”

The Bottom Line:

Curtiss-Wright currently has momentum and support from both the market and individual investors but faces competition from Honeywell (HON), Raytheon (RTX) and GE (GE).

I caution that CW is volatile and speculative — use strict risk management and stop-loss strategies. 

Additional disclosure: The Barchart 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