Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Pepco Holdings Enters Oversold Territory (POM)
Wednesday, November 25, 12:04 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Pinnacle West Capital Breaks Below 200-Day Moving Average - Notable for PNW
Thursday, December 3, 11:33 AM ET, by Market News Video Staff
In trading on Thursday, shares of Pinnacle West Capital Corp. (PNW) crossed below their 200 ...
CenterPoint Energy (CNP) Shares Enter Oversold Territory
Thursday, December 3, 11:46 AM ET, by Market News Video Staff
In trading on Thursday, shares of CenterPoint Energy, Inc (CNP) entered into oversold territory, changing ...
CenterPoint Energy (CNP) Shares Cross 6% Yield Mark
Thursday, December 3, 3:09 PM ET, by Market News Video Staff
In trading on Thursday, shares of CenterPoint Energy, Inc (CNP) were yielding above the 6% ...
PNW Crosses Above 4% Yield Territory
Tuesday, December 8, 3:13 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Pinnacle West Capital Corp. (PNW) were yielding above the ...
TEG Crosses Critical Technical Indicator
By Energy Stock Channel Staff, Thursday, October 27, 11:48 AM ET
In trading on Thursday, shares of Integrys Energy Group Inc (TEG) entered into overbought territory, changing hands as high as $53.685 per share. We define overbought 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 overbought if the RSI reading rises above 70.
In the case of Integrys Energy Group Inc, the RSI reading has hit 70.8 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 60.0, the RSI of WTI Crude Oil is at 60.6, and the RSI of Henry Hub Natural Gas is presently 40.8.
A bearish investor could look at TEG's 70.8 reading as a sign that the recent heavy buying is in the process of exhausting itself, and shares are due for a pullback.
Looking at a chart of one year performance (below), TEG's low point in its 52 week range is $42.76 per share, with $54.45 as the 52 week high point — that compares with a last trade of $53.66. Integrys Energy Group Inc shares are currently trading up about 2.6% on the day.
According to the ETF Finder at ETF Channel, TEG makes up 2.45% of the Rydex S&P 500 Equal Weight Utilities ETF (AMEX:RYU) which is trading up by about 1.6% on the day Thursday.
See what other ETFs contain TEG »
See what other stocks are held by RYU »
TEG operates in the Electric Utilities sector, among companies like Avista Corp. (NYSE:AVA) which is up about 3% today, and PNM Resources Inc (NYSE:PNM) trading up by about 2.4%. Below is a three month price history chart comparing the stock performance of TEG, versus AVA and PNM.
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: