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|Friday Sector Laggards: Utilities, Energy
Friday, October 20, 2:36 PM ET, by Market News Video Staff
The worst performing sector as of midday Friday is the Utilities sector, showing a 0.3% ...
June 2018 Options Now Available For NextEra Energy (NEE)
Monday, October 23, 11:03 AM ET, by Market News Video Staff
Investors in NextEra Energy Inc (NEE) saw new options become available today, for the June ...
The New #202 Most Shorted S&P 500 Component: Accenture
Wednesday, October 25, 2:04 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 10/13/2017 settlement date, and ...
DVY, CME, NEE, ETR: Large Outflows Detected at ETF
Thursday, October 26, 12:04 PM ET, by Market News Video Staff
Symbols mentioned in this story: DVY, CME, NEE, ETR Exchange traded funds (ETFs) trade just ...
Noteworthy ETF Outflows: XLU, SO, D, EXC
Thursday, October 26, 12:09 PM ET, by Market News Video Staff
Symbols mentioned in this story: XLU, SO, D, EXC Exchange traded funds (ETFs) trade just ...
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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