FORM Crosses Below Key Moving Average Level Monday, May 23, 2:48 PM ET, by Market News Video Staff In trading on Monday, shares of Formfactor Inc (FORM) crossed below their 200 day moving ...
SIMG Crosses Below Key Moving Average Level Friday, June 3, 1:32 PM ET, by Market News Video Staff In trading on Friday, shares of Silicon Image Inc (SIMG) crossed below their 200 day ...
ASML Crosses Below Key Moving Average Level Friday, June 10, 4:14 PM ET, by Market News Video Staff In trading on Friday, shares of ASML Holding NV (ASML) crossed below their 200 day ...
Formfactor Inc (FORM) Shares Cross Above 200 DMA Friday, July 8, 2:36 PM ET, by Market News Video Staff In trading on Friday, shares of Formfactor Inc (FORM) crossed above their 200 day moving ...
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 Formfactor Inc (NASDAQ:FORM) entered into oversold territory, hitting an RSI reading of 29.4, after changing hands as low as $4.71 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 49.6. A bullish investor could look at FORM's 29.4 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 FORM shares:
FORM operates in the Semiconductors sector, among companies like ASML Holding NV (NASDAQ:ASML) which is off about 1.9% today and has a current RSI reading of 49.5. Below is a three month price history chart comparing the stock performance of FORM, versus ASML.
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:ASMLFORMFindInvestmentKnowNASDAQOversoldRelativeaboutaboveallowsanalysisassetbelowbullishchartclassescompletelyconsideredcountriescurrentdesignedenteredfearfulfollowgreedygrowthinvestorlevellookopportunitiesothersoversoldperformancepointportfolioreadingsellingsharesharesshortstockstocksthatthroughtodayweekwhenwhichwith
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:
Weekly Market Wrap: May 18, 2012
Daily Dividend Report: MNRO, MCD, CTL, MCK, HNZ, POR
Week Ahead Market Report: May 14, 2012
Weekly Market Wrap: May 11, 2012
Walmart Announces Earnings
Daily Market Wrap: May 24, 2012
