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|Utilities Select Sector SPDR Fund Experiences Big Inflow
Tuesday, December 27, 11:00 AM ET, by Market News Video Staff
Symbols mentioned in this story: XLU, EXC, PCG, PPL Exchange traded funds (ETFs) trade just ...
Quanta Services Takes Over #53 Spot From NextEra Energy
Wednesday, December 28, 11:46 AM ET, by Market News Video Staff
In a study of analyst recommendations at the major brokerages, for the underlying components of ...
Thursday Sector Leaders: Utilities, Consumer Products
Thursday, December 29, 2:32 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are ...
Notable ETF Inflow Detected - DVY, CME, OKE, NEE
Friday, December 30, 11:00 AM ET, by Market News Video Staff
Symbols mentioned in this story: DVY, CME, OKE, NEE Exchange traded funds (ETFs) trade just ...
Tuesday Sector Laggards: Utilities, Financial
Tuesday, January 3, 2:34 PM ET, by Market News Video Staff
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.4% ...
Shares of EXC Now Oversold
By Energy Stock Channel Staff, Friday, January 13, 4:08 PM ET
In trading on Friday, shares of Exelon Corp. (NYSE:EXC) entered into oversold territory, changing hands as low as $39.63 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 Exelon Corp., the RSI reading has hit 29.4 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 52.6, the RSI of WTI Crude Oil is at 46.2, and the RSI of Henry Hub Natural Gas is presently 22.5.
A bullish investor could look at EXC's 29.4 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), EXC's low point in its 52 week range is $39.06 per share, with $45.45 as the 52 week high point — that compares with a last trade of $39.70. Exelon Corp. shares are currently trading off about 1.2% on the day.
EXC makes up 11.17% of the Utilities HOLDRS ETF (UTH)
EXC operates in the Electric Utilities sector, among companies like American Electric Power Company, Inc. (NYSE:AEP) which is off about 0.2% today, and NextEra Energy Inc (NYSE:NEE) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of EXC, versus AEP and NEE.
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