Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Ex-Dividend Reminder: Avnet, Federal Signal and TransAlta
Wednesday, February 24, 10:34 AM ET, by Market News Video Staff
On 2/26/16, Avnet Inc (AVT), Federal Signal Corp. (FSS), and TransAlta Corp.. ...
Pick Up This Bargain Energy Stock Even Cheaper Than Director Taylor Did
Tuesday, March 15, 10:12 AM ET, by Market News Video Staff
There's an old saying on Wall Street about insider buying: there are many possible reasons ...
PEY, DUK, SO, AVA: ETF Inflow Alert
Monday, March 21, 11:47 AM ET, by Market News Video Staff
Symbols mentioned in this story: PEY, DUK, SO, AVA Exchange traded funds (ETFs) trade just ...
SLYV, LG, ALE, AVA: Large Outflows Detected at ETF
Friday, April 1, 11:03 AM ET, by Market News Video Staff
Symbols mentioned in this story: SLYV, LG, ALE, AVA Exchange traded funds (ETFs) trade just ...
Short Interest Drops 26.3% For ALE
Monday, May 2, 3:41 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 04/15/2016 settlement date, which ...
Shares of TAC Now Oversold
By Energy Stock Channel Staff, Monday, November 21, 11:48 AM ET
In trading on Monday, shares of TransAlta Corp. (NYSE:TAC) entered into oversold territory, changing hands as low as $19.77 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 TransAlta Corp., the RSI reading has hit 29.2 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 48.0, the RSI of WTI Crude Oil is at 55.9, and the RSI of Henry Hub Natural Gas is presently 37.3.
A bullish investor could look at TAC's 29.2 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), TAC's low point in its 52 week range is $19.64 per share, with $23.09 as the 52 week high point — that compares with a last trade of $19.80. TransAlta Corp. shares are currently trading off about 3.8% on the day.
TAC operates in the Electric Utilities sector, among companies like Avista Corp. (NYSE:AVA) which is down about 1.6% today, and Allete Inc. (NYSE:ALE) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of TAC, versus AVA and ALE.
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: