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|IWF, HD, CMCSA, DIS: Large Outflows Detected at ETF
Wednesday, January 7, 10:54 AM ET, by Market News Video Staff
Symbols mentioned in this story: IWF, HD, CMCSA, DIS Exchange traded funds (ETFs) trade just ...
RPM International (RPM) Shares Cross Below 200 DMA
Wednesday, January 7, 11:05 AM ET, by Market News Video Staff
In trading on Wednesday, shares of RPM International Inc (RPM) crossed below their 200 day ...
Owens Corning (OC) Shares Cross Above 200 DMA
Wednesday, January 7, 11:12 AM ET, by Market News Video Staff
In trading on Wednesday, shares of Owens Corning (OC) crossed above their 200 day moving ...
RPM International Becomes Oversold
Wednesday, January 7, 11:36 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
First Trust Materials AlphaDEX Fund -- Insider Buying Index Registering 10.1%
Friday, January 9, 9:49 AM ET, by Market News Video Staff
A look at the weighted underlying holdings of the First Trust Materials AlphaDEX Fund (FXZ) ...
Shares of FAST Now Overbought
By Dividend Channel Staff, Monday, December 5, 11:32 AM ET
In trading on Monday, shares of Fastenal Co. (NASDAQ:FAST) entered into overbought territory, changing hands as high as $42.65 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 Fastenal Co., the RSI reading has hit 71.0 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 57.3.
Investors could look at FAST's 71.0 reading as a sign that the recent heavy buying is in the process of exhausting itself, which could bring a pullback in the stock. The chart below shows the one year performance of FAST shares:
Looking at the chart above, FAST's low point in its 52 week range is $28.60 per share, with $42.65 as the 52 week high point — that compares with a last trade of $42.54.
Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on FAST is its dividend history.
In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
|FAST Dividend History|
|* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.|
According to the ETF Finder at ETF Channel, FAST makes up 3.51% of the First Trust Materials AlphaDEX Fund ETF (AMEX:FXZ) which is trading higher by about 1.9% on the day Monday.
See what other ETFs contain FAST »
See what other stocks are held by FXZ »
FAST operates in the Home Improvement Stores sector, among companies like Lowe's Companies Inc (NYSE:LOW) which is up about 0.7% today, and Home Depot Inc (NYSE:HD) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of FAST, versus LOW and HD.
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