Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|WPX Energy Breaks Below 200-Day Moving Average - Notable for WPX
Wednesday, April 19, 11:23 AM ET, by Market News Video Staff
In trading on Wednesday, shares of WPX Energy, Inc. (WPX) crossed below their 200 day ...
Antero Resources Becomes Oversold (AR)
Wednesday, April 19, 4:33 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Analysts Forecast 39% Upside For The Holdings of XOP
Thursday, April 20, 1:01 PM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
PXD Stock Crowded With Sellers
Friday, April 21, 11:23 AM ET, by Market News Video Staff
In trading on Friday, shares of Pioneer Natural Resources Co (PXD) entered into oversold territory, ...
Interesting PXD Put And Call Options For December 15th
Monday, April 24, 12:21 PM ET, by Market News Video Staff
Investors in Pioneer Natural Resources Co (PXD) saw new options begin trading today, for the ...
SM Energy Co. (SM) Shares Enter Oversold Territory
By Energy Stock Channel Staff, Monday, October 3, 4:10 PM ET
In trading on Monday, shares of SM Energy Co. (NYSE:SM) entered into oversold territory, changing hands as low as $57.22 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 SM Energy Co., the RSI reading has hit 29.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 35.8, the RSI of WTI Crude Oil is at 38.7, and the RSI of Henry Hub Natural Gas is presently 35.2.
A bullish investor could look at SM's 29.0 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), SM's low point in its 52 week range is $37.30 per share, with $85.55 as the 52 week high point — that compares with a last trade of $57.66. SM Energy Co. shares are currently trading off about 4.8% on the day.
According to the ETF Finder at ETF Channel, SM makes up 3.09% of the First Trust ISE-Revere Natural Gas Index Fund ETF (AMEX:FCG) which is trading relatively unchanged on the day Monday.
See what other ETFs contain SM »
See what other stocks are held by FCG »
SM operates in the Oil & Gas Exploration & Production sector, among companies like Pioneer Natural Resources Co (NYSE:PXD) which is down about 5.3% today, and Pioneer Natural Resources Co (PXDPRA). Below is a three month price history chart comparing the stock performance of SM, versus PXD.
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: