Stock message boards
MNV
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Commit To Purchase Oncothyreon At $1, Earn 11.5% Annualized
Monday, June 10, 2:27 PM ET, by Market News Video Staff

Investors eyeing a purchase of Oncothyreon Inc (ONTY) shares, but cautious about paying the going ...

First Week of ONTY August 2014 Options Trading
Friday, December 27, 11:14 AM ET, by Market News Video Staff

Investors in Oncothyreon Inc (ONTY) saw new options become available this week, for the August ...

ONTY December 20th Options Begin Trading
Friday, February 14, 10:54 AM ET, by Market News Video Staff

Investors in Oncothyreon Inc (ONTY) saw new options begin trading today, for the December 20th ...

First Week of ONTY April 19th Options Trading
Wednesday, February 26, 10:52 AM ET, by Market News Video Staff

Investors in Oncothyreon Inc (ONTY) saw new options begin trading this week, for the April ...

Commit To Buy Oncothyreon At $2, Earn 12.1% Annualized Using Options
Tuesday, July 8, 11:45 AM ET, by Market News Video Staff

Investors eyeing a purchase of Oncothyreon Inc (ONTY) stock, but cautious about paying the going ...

  More articles:  1 2 next »

Oncothyreon Inc Stock Getting Overbought (ONTY)

By Market News Video Staff, Tuesday, December 6, 5:13 PM 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 Tuesday, shares of Oncothyreon Inc (NASDAQ:ONTY) entered into overbought territory, changing hands as high as $8.25 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 Oncothyreon Inc, the RSI reading has hit 70.5 by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 60.1.

Investors could look at ONTY's 70.5 reading as a sign that the recent heavy buying is overdue to take a break, which could bring a pullback in the stock. The chart below shows the one year performance of ONTY shares:

Oncothyreon Inc 1 Year Performance Chart

Looking at the chart above, ONTY's low point in its 52 week range is $2.99 per share, with $11.59 as the 52 week high point that compares with a last trade of $8.16.

ONTY operates in the Biotechnology sector, among companies like Amylin Pharmaceuticals, Inc. (AMLN) which is down about 0.1% today and has a current RSI reading of 51.4. Below is a three month price history chart comparing the stock performance of ONTY, versus AMLN.

ONTY,AMLN Relative Performance Chart


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.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   AMLN   Amylin   Call   Definition   Growth   Index   Investors   Looking   ONTY   Oncothyreon   Rate   Relative   Strength   Trial   above   analysis   asset   buying   changing   chart   comparison   could   designed   entered   follow   heavy   high   history   last   month   overbought   overdue   performance   point   portfolio   program   reading   regions   share   shares   stock   technical   territory   that   used   week   wherever   which   with   zero
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Oncothyreon Inc Stock Getting Overbought (ONTY) | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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.