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|Thursday Sector Leaders: Utilities, Energy
Thursday, June 19, 2:30 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are ...
PEG August 16th Options Begin Trading
Monday, June 23, 12:26 PM ET, by Market News Video Staff
Investors in Public Service Enterprise Group Inc. (PEG) saw new options become available today, for ...
Vornado Realty Trust Moves Up In Market Cap Rank, Passing Public Service Enterprise Group
Monday, June 23, 4:39 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
Ex-Dividend Reminder: Pattern Energy Group, PG&E and Stryker
Tuesday, June 24, 10:25 AM ET, by Market News Video Staff
On 6/26/14, Pattern Energy Group Inc (PEGI), PG&E Corp. (PCG), and Stryker Corp.. ...
Integrys Energy Group Inc (TEG) Shares Cross 4% Yield Mark
Tuesday, June 24, 3:12 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Integrys Energy Group Inc (TEG) were yielding above the ...
NRG Stock Crowded With Sellers
By Energy Stock Channel Staff, Tuesday, October 4, 11:34 AM ET
In trading on Tuesday, shares of NRG Energy Inc (NYSE:NRG) entered into oversold territory, changing hands as low as $18.65 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 NRG Energy Inc, the RSI reading has hit 27.8 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 35.5, the RSI of WTI Crude Oil is at 38.7, and the RSI of Henry Hub Natural Gas is presently 36.7.
A bullish investor could look at NRG's 27.8 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), NRG's low point in its 52 week range is $18.22 per share, with $25.66 as the 52 week high point — that compares with a last trade of $18.94. NRG Energy Inc shares are currently trading off about 5% on the day.
According to the ETF Finder at ETF Channel, NRG makes up 2.27% of the First Trust Utilities AlphaDEX Fund ETF (AMEX:FXU) which is trading lower by about 1.5% on the day Tuesday.
See what other ETFs contain NRG »
See what other stocks are held by FXU »
NRG operates in the Electric Utilities sector, among companies like Public Service Enterprise Group Inc. (NYSE:PEG) which is down about 2.3% today, and PG&E Corp. (NYSE:PCG) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of NRG, versus PEG and PCG.
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