First Week of RGLD November 16th Options Trading Friday, September 27, 12:37 PM ET, by Market News Video Staff Investors in Royal Gold, Inc. (RGLD) saw new options become available this week, for the ...
Cash Dividend On The Way From Royal Gold, Inc. (RGLD) Monday, September 30, 10:15 AM ET, by Market News Video Staff On 10/2/13, Royal Gold, Inc. (RGLD) will trade ex-dividend, for its quarterly dividend of $0.20, ...
RGLD Stock Crowded With Sellers Friday, October 11, 11:52 AM ET, by Market News Video Staff In trading on Friday, shares of Royal Gold, Inc. (RGLD) entered into oversold territory, changing ...
In trading on Thursday, shares of Banro Corporation (AMEX:BAA) entered into overbought territory, changing hands as high as $4.47 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 Banro Corporation, the RSI reading has hit 70.2 — by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 70.0.
Investors could look at BAA's 70.2 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 BAA shares:
Looking at the chart above, BAA's low point in its 52 week range is $2.45 per share, with $5.27 as the 52 week high point — that compares with a last trade of $4.42.
BAA operates in the Precious Metals sector, among companies like Royal Gold, Inc. (NASDAQ:RGLD) which is up about 0.4% today and has a current RSI reading of 46.0. Below is a three month price history chart comparing the stock performance of BAA, versus RGLD.
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