Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door ValueForum.com
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

RDC February 2016 Options Begin Trading
Monday, December 21, 11:54 AM ET, by Market News Video Staff

Investors in Rowan Companies plc (RDC) saw new options begin trading today, for the February ...

February 2016 Options Now Available For Nabors Industries (NBR)
Monday, December 21, 12:30 PM ET, by Market News Video Staff

Investors in Nabors Industries Ltd. (NBR) saw new options begin trading today, for the February ...

RDC Stock Crowded With Sellers
Wednesday, January 6, 11:27 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Rowan Companies plc (RDC) entered into oversold territory, changing ...

Commit To Buy Rowan Companies At $5, Earn 10% Using Options
Monday, January 11, 12:11 PM ET, by Market News Video Staff

Investors considering a purchase of Rowan Companies plc (RDC) stock, but tentative about paying the ...

Rowan Companies (RDC) Passes Through 3% Yield Mark
Monday, January 11, 3:41 PM ET, by Market News Video Staff

In trading on Monday, shares of Rowan Companies plc (RDC) were yielding above the 3% ...

  More articles:  1 2 3 4 5 6 7 next »

Shares of PZE Now Oversold

By Energy Stock Channel Staff, Friday, September 30, 11:21 AM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Friday, shares of Petrobras Argentina SA (NYSE:PZE) entered into oversold territory, changing hands as low as $13.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Petrobras Argentina SA, the RSI reading has hit 28.9 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 41.6, the RSI of WTI Crude Oil is at 40.5, and the RSI of Henry Hub Natural Gas is presently 40.9.

A bullish investor could look at PZE's 28.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), PZE's low point in its 52 week range is $13.53 per share, with $28.61 as the 52 week high point that compares with a last trade of $13.73. Petrobras Argentina SA shares are currently trading off about 2.3% on the day.

Petrobras Argentina SA 1 Year Performance Chart

PZE operates in the Oil & Gas Exploration & Production sector, among companies like Nabors Industries Ltd. (NYSE:NBR) which is down about 4.6% today, and Rowan Cos., Inc. (NYSE:RDC) trading lower by about 2.3%. Below is a three month price history chart comparing the stock performance of PZE, versus NBR and RDC.

PZE,NBR,RDC Relative Performance Chart


Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''

The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.


This Article's Word Cloud:   Argentina   Channel   Energy   Growth   Looking   NYSE   Petrobras   Production   Relative   Strength   Trial   about   analysis   asset   below   changing   chart   comparison   currently   designed   energy   entered   follow   heavy   history   look   month   oversold   performance   point   portfolio   program   raquo   reading   regions   selling   share   shares   stock   stocks   technical   territory   that   trading   used   week   wherever   which   with   zero

Shares of PZE Now Oversold | www.EnergyStockChannel.com | Copyright © 2010 - 2016, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.