The Lightning Round segment of Mad Money is a viewer favorite. Callers get a chance to ask about stocks they are interested in and the rapid fire format keeps you listening closely. One caller Tuesday night asked Jim Cramer about Leidos Holdings Inc. (LDOS) : "This one is not done going higher, even though it's had a big move," said Cramer.
Let's check out the charts of this defense and information technology research company.
In the daily bar chart of LDOS, below, we can see that prices have nearly doubled in the past 12 months. Pretty dramatic gains. Prices are above the rising 50-day moving average line and above the rising 200-day moving average line.
It does not look like there has been much trading in the stock but the daily On-Balance-Volume (OBV) line shows a clear rise the past year and that helps to support and confirm the rally. The Moving Average Convergence Divergence (MACD) oscillator has stayed above the zero line for the entire year except for a dip in October. The MACD is currently in a new buy signal since early February.