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

Featured MNV Articles:

Bullish Two Hundred Day Moving Average Cross - PLTM
Wednesday, January 2, 4:16 PM ET, by Market News Video Staff

In trading on Wednesday, shares of the First Trust ISE Global Platinum Index Fund ETF ...

First Trust ISE Global Platinum Index Fund Getting Very Oversold
Thursday, March 7, 4:08 PM ET, by Market News Video Staff

In trading on Thursday, shares of the First Trust ISE Global Platinum Index Fund ETF ...

PLTM Crosses Critical Technical Indicator
Monday, April 15, 11:46 AM ET, by Market News Video Staff

In trading on Monday, shares of the First Trust ISE Global Platinum Index Fund ETF ...

PAL Crosses Critical Technical Indicator
Monday, May 6, 12:38 PM ET, by Market News Video Staff

In trading on Monday, shares of North American Palladium Ltd. (PAL) entered into oversold territory, ...

PAL July Options Begin Trading
Monday, May 20, 4:20 PM ET, by Market News Video Staff

Investors in North American Palladium Ltd. (PAL) saw new options become available today, for the ...

  More articles:  1 2 3 4 5 next »

PAL Stock Crowded With Sellers

By Metals Channel Staff, Wednesday, December 14, 11:43 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 Wednesday, shares of North American Palladium Ltd. (AMEX:PAL) entered into oversold territory, changing hands as low as $2.52 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 North American Palladium Ltd., the RSI reading has hit 29.2 by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 37.6, the RSI of Spot Gold is at 26.5, and the RSI of Spot Silver is presently 29.3.

A bullish investor could look at PAL'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), PAL's low point in its 52 week range is $1.97 per share, with $7.99 as the 52 week high point that compares with a last trade of $2.54. North American Palladium Ltd. shares are currently trading off about 6.5% on the day.

North American Palladium Ltd. 1 Year Performance Chart

According to the ETF Finder at ETF Channel, PAL makes up 4.29% of the First Trust ISE Global Platinum Index Fund ETF (NASDAQ:PLTM) which is trading lower by about 3% on the day Wednesday.

See what other ETFs contain PAL
See what other stocks are held by PLTM

PAL operates in the Precious Metals sector, among companies like Kimber Resources Inc (KBX) which is off about 2% today, and Quaterra Resources Inc (QMM) trading lower by about 4.4%. Below is a three month price history chart comparing the stock performance of PAL, versus KBX and QMM.

PAL,KBX,QMM 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.


This Article's Word Cloud:   American   Call   Channel   Definition   ETFs   Fund   Index   Metals   North   PLTM   Palladium   Relative   Resources   Silver   Spot   Strength   Trial   Wednesday   about   asset   below   changing   chart   currently   designed   heavy   history   look   lower   makes   other   oversold   performance   point   portfolio   program   reading   share   shares   stock   stocks   technical   territory   that   trading   week   what   wherever   which   with

PAL Stock Crowded With Sellers | www.MetalsChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Metals 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 metals stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Metals Channel; Meet Our Editorial Staff.