VistaPrint NV (VPRT) Shares Cross Below 200 DMA Friday, June 10, 4:17 PM ET, by Market News Video Staff In trading on Friday, shares of VistaPrint NV (VPRT) crossed below their 200 day moving ...
RAX Crosses Below Key Moving Average Level Thursday, August 4, 1:10 PM ET, by Market News Video Staff In trading on Thursday, shares of Rackspace Hosting Inc (RAX) crossed below their 200 day ...
Ex-Div Reminder for United Online Inc (UNTD) Monday, August 8, 10:18 AM ET, by Market News Video Staff On 8/10/11, United Online Inc (UNTD) will trade ex-dividend, for its quarterly dividend of $0.10, ...
Bullish Two Hundred Day Moving Average Cross - TTWO Monday, October 10, 4:33 PM ET, by Market News Video Staff In trading on Monday, shares of Take-Two Interactive Software, Inc. (TTWO) crossed above their 200 ...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Wednesday, shares of Autonavi Holdings Ltd. (NASDAQ:AMAP) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $9.30 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 43.4. A bullish investor could look at AMAP's 28.8 RSI reading today 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. The chart below shows the one year performance of AMAP shares:
AMAP operates in the Application Software sector, among companies like VistaPrint NV (NASDAQ:VPRT) which is off about 4.6% today and has a current RSI reading of 37.6. Below is a three month price history chart comparing the stock performance of AMAP, versus VPRT.
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:AMAPFindInvestmentKnowOversoldRelativeVPRTaboutaboveallowsanalysisassetbelowbullishchartclassescompletelyconsideredcountriescurrentdesignedenteredfearfulfollowgreedygrowthinvestorlevellookopportunitiesothersoversoldperformancepointportfolioreadingsellingsharesharesshortstockstocksterritorythatthroughtodayweekwhenwhichwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
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. Read Full Disclaimer.
Now Playing:
Learn About The RSI
Start slideshow:
Daily Dividend Report: CRI, WM, CHRW, NVDA, CBI
Daily Wrap: May 10, 2013
Daily Dividend Report: MAR, LEG, ORI, OFC, RNDY
Analyst Moves: DISH, MDR, PCLN
Analyst Moves: RIG, APC, BSX
Analyst Moves: MU, FRX, AES, CVC