Stock Message Boards
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:

Shares of GSJK Now Oversold
Wednesday, October 8, 11:28 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Compressco Partners L.P. (GSJK) entered into oversold territory, changing ...

Newpark Resources Stock Getting Very Oversold
Wednesday, October 8, 11:29 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Newpark Resources, Inc. (NR) entered into oversold territory, changing ...

Shares of RES Now Oversold
Wednesday, October 8, 11:43 AM ET, by Market News Video Staff

In trading on Wednesday, shares of RPC, Inc. (RES) entered into oversold territory, changing hands ...

Patterson-UTI Energy Stock Getting Very Oversold
Wednesday, October 8, 12:02 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Patterson-UTI Energy Inc. (PTEN) entered into oversold territory, changing ...

Interesting CAM Put And Call Options For January 2017
Monday, October 13, 11:38 AM ET, by Market News Video Staff

Investors in Cameron International Corp (CAM) saw new options become available today, for the January ...

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

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 (AMEX: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 (NYSE: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


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:   Call   Channel   Definition   ETFs   Energy   Index   International   NYSE   Portfolio   Price   Relative   Services   Stock   Strength   Trial   Weatherford   Wednesday   about   asset   below   changing   chart   currently   designed   entered   heavy   history   look   lower   makes   other   oversold   performance   point   portfolio   program   reading   share   shares   stock   stocks   technical   territory   that   trading   week   what   wherever   which   with

Shares of WFT Now Oversold | www.EnergyStockChannel.com | Copyright © 2010 - 2014, 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.