Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Ex-Dividend Reminder: PNM Resources, PerkinElmer and Zoetis
Tuesday, January 16, 9:57 AM ET, by Market News Video Staff

On 1/17/18, PNM Resources Inc (PNM), PerkinElmer, Inc. (PKI), and Zoetis Inc (ZTS) will all ...

PNM Breaks Above 3% Yield Territory
Wednesday, January 17, 3:11 PM ET, by Market News Video Staff

In trading on Wednesday, shares of PNM Resources Inc (PNM) were yielding above the 3% ...

AES Makes Bullish Cross Above Critical Moving Average
Thursday, January 18, 1:29 PM ET, by Market News Video Staff

In trading on Thursday, shares of AES Corp. (AES) crossed above their 200 day moving ...

PNM Crosses Above Average Analyst Target
Monday, January 22, 9:20 AM ET, by Market News Video Staff

In recent trading, shares of PNM Resources Inc (PNM) have crossed above the average analyst ...

March 16th Options Now Available For PNM Resources (PNM)
Monday, January 22, 2:04 PM ET, by Market News Video Staff

Investors in PNM Resources Inc (PNM) saw new options begin trading today, for the March ...

TEG Crosses Critical Technical Indicator

By Energy Stock Channel Staff, Thursday, October 27, 11:48 AM 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 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.

Integrys Energy Group Inc 1 Year Performance Chart

According to the ETF Finder at ETF Channel, TEG makes up 2.45% of the Rydex S&P 500 Equal Weight Utilities ETF (NYSE: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.

TEG,AVA,PNM Relative Performance Chart


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:   According   Avista   Below   Channel   Corp   Crude   ETFs   Electric   Energy   Equal   Finder   Flexible   Free   Group   Growth   Henry   Index   Integrys   Investment   Looking   NYSE   Natural   Overbought   Portfolio   Relative   Thursday   Utilities   about   asset   chart   currently   designed   high   other   overbought   performance   point   portfolio   reading   share   shares   stock   stocks   territory   that   trading   week   what   which   with

TEG Crosses Critical Technical Indicator | | Copyright © 2010 - 2018, 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.