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

Featured MNV Articles:

RSI Alert: Helix Energy Solutions Group (HLX) Now Oversold
Wednesday, March 14, 12:15 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Top Buys by Directors: Goodyear's $117K Bet on EXTN
Thursday, March 15, 3:03 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

Peek Under The Hood: PXJ Has 22% Upside
Friday, March 16, 9:23 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

May 11th Options Now Available For Weatherford International (WFT)
Thursday, March 29, 10:47 AM ET, by Market News Video Staff

Investors in Weatherford International plc (WFT) saw new options begin trading today, for the May ...

Top Buys by Directors: Armstrong's $175K Bet on WPZ
Thursday, March 29, 1:09 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

Shares of WFT Now Oversold

By Energy Stock Channel Staff, Wednesday, September 28, 3:52 PM 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 Wednesday, shares of Weatherford International, Ltd. (NYSE:WFT) entered into oversold territory, changing hands as low as $12.81 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 Weatherford International, Ltd., the RSI reading has hit 29.1 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 43.1, the RSI of WTI Crude Oil is at 40.3, and the RSI of Henry Hub Natural Gas is presently 40.8.

A bullish investor could look at WFT's 29.1 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), WFT's low point in its 52 week range is $12.62 per share, with $28.11 as the 52 week high point that compares with a last trade of $12.85. Weatherford International, Ltd. shares are currently trading down about 4.7% on the day.

Weatherford International, Ltd. 1 Year Performance Chart

According to the ETF Finder at ETF Channel, WFT makes up 4.97% of the Dynamic Oil & Gas Services Portfolio ETF (NYSE:PXJ) which is trading lower by about 4.2% on the day Wednesday.

See what other ETFs contain WFT
See what other stocks are held by PXJ

WFT operates in the Oil & Gas Equipment & Services sector, among companies like Cameron International Corp (CAM) which is off about 3.8% today, and Williams Partners L.P. (NYSE:WPZ) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of WFT, versus CAM and WPZ.

WFT,CAM,WPZ Relative Performance Chart


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:   According   Below   Cameron   Channel   Corp   Crude   Dynamic   ETFs   Energy   Equipment   Finder   Flexible   Free   Growth   Henry   Index   International   Investment   Looking   NYSE   Natural   Portfolio   Services   Weatherford   Wednesday   about   asset   below   chart   currently   designed   look   lower   other   oversold   performance   point   portfolio   reading   share   shares   stock   stocks   territory   that   trading   week   what   which   with

Shares of WFT Now Oversold | | Copyright © 2010 - 2018, 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.