YUM July 12th Options Begin Trading Wednesday, July 3, 11:12 AM ET, by Market News Video Staff Investors in Yum! Brands, Inc. (YUM) saw new options become available today, for the July ...
Ex-Div Reminder for Yum! Brands, Inc. (YUM) Monday, July 8, 9:58 AM ET, by Market News Video Staff On 7/10/13, Yum! Brands, Inc. (YUM) will trade ex-dividend, for its quarterly dividend of $0.335, ...
In trading on Friday, shares of Zhongpin Inc (HOGS) entered into overbought territory, changing hands as high as $10.35 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 Zhongpin Inc, the RSI reading has hit 70.1 — by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 62.4.
Investors could look at HOGS's 70.1 reading as a sign that the recent heavy buying is overdue to take a breather, which could bring a pullback in the stock. The chart below shows the one year performance of HOGS shares:
Looking at the chart above, HOGS's low point in its 52 week range is $6.60 per share, with $20.25 as the 52 week high point — that compares with a last trade of $10.05.
HOGS operates in the Food & Beverage sector, among companies like Yum! Brands, Inc. (NYSE:YUM) which is up about 0.8% today and has a current RSI reading of 67.5. Below is a three month price history chart comparing the stock performance of HOGS, versus YUM.
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