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|PNW's Strong Dividend History Helps Get It To The Top 10
Tuesday, February 3, 7:49 AM ET, by Market News Video Staff
Pinnacle West Capital Corp. (PNW) has been named as a Top 10 dividend paying utility ...
Pinnacle West Capital Becomes #216 Most Shorted S&P 500 Component, Replacing Tyco International
Wednesday, February 11, 4:52 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 01/30/2015 ...
Shares of PNW Now Oversold
Friday, February 13, 4:02 PM ET, by Market News Video Staff
In trading on Friday, shares of Pinnacle West Capital Corp. (PNW) entered into oversold territory, ...
PNW October 16th Options Begin Trading
Monday, February 23, 1:50 PM ET, by Market News Video Staff
Investors in Pinnacle West Capital Corp. (PNW) saw new options become available today, for the ...
Friday Sector Leaders: Utilities, Healthcare
Friday, April 10, 3:07 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Friday, shares of Utilities companies are ...
Pampa Energia SA (PAM) Shares Enter Oversold Territory
By Energy Stock Channel Staff, Monday, October 3, 11:55 AM ET
In trading on Monday, shares of Pampa Energia SA (NYSE:PAM) entered into oversold territory, changing hands as low as $10.82 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 Pampa Energia SA, the RSI reading has hit 28.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.3, the RSI of WTI Crude Oil is at 39.7, and the RSI of Henry Hub Natural Gas is presently 36.4.
A bullish investor could look at PAM's 28.0 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), PAM's low point in its 52 week range is $10.82 per share, with $19.18 as the 52 week high point — that compares with a last trade of $10.84. Pampa Energia SA shares are currently trading down about 6.2% on the day.
PAM operates in the Electric Utilities sector, among companies like NSTAR (NST) which is down about 1.8% today, and Pinnacle West Capital Corp. (NYSE:PNW) trading lower by about 0.5%. Below is a three month price history chart comparing the stock performance of PAM, versus NST and PNW.
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