Stock Message Boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Power One Inc (PWER) Shares Cross Above 200 DMA
Monday, April 22, 12:29 PM ET, by Market News Video Staff

In trading on Monday, shares of Power One Inc (PWER) crossed above their 200 day ...

Oversold Conditions For Advanced Energy Industries Inc. (AEIS)
Tuesday, April 30, 12:42 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Fundamental Pure Small Value Portfolio -- Insider Buying Index Registering 10.8%
Thursday, May 16, 9:41 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the Fundamental Pure Small Value Portfolio (PXSV) ...

Top Buys by Directors: Chatila's $610.1K Bet on WFR
Tuesday, May 21, 3:32 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

Commit To Purchase MEMC Electronic Materials, Inc. At $4.50, Earn 18.7%
Wednesday, May 29, 2:27 PM ET, by Market News Video Staff

Investors eyeing a purchase of MEMC Electronic Materials, Inc. (WFR) shares, but cautious about paying ...

  More articles:  1 2 3 4 5 6 7 next »

Shares of WFR Now Overbought

By Market News Video Staff, Thursday, January 12, 4:27 PM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Thursday, shares of MEMC Electronic Materials, Inc. (WFR) entered into overbought territory, changing hands as high as $4.93 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 MEMC Electronic Materials, Inc., the RSI reading has hit 70.2 by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 72.1.

Investors could look at WFR's 70.2 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 WFR shares:

MEMC Electronic Materials, Inc. 1 Year Performance Chart

Looking at the chart above, WFR's low point in its 52 week range is $3.65 per share, with $15.04 as the 52 week high point that compares with a last trade of $4.88.

According to the ETF Finder at ETF Channel, WFR makes up 9.84% of the Solar Energy ETF (AMEX:KWT) which is trading relatively unchanged on the day Thursday.

See what other ETFs contain WFR
See what other stocks are held by KWT

WFR operates in the Semiconductors sector, among companies like Diodes, Inc. (NASDAQ:DIOD) which is down about 0.4% today and has a current RSI reading of 61.2. Below is a three month price history chart comparing the stock performance of WFR, versus DIOD.

WFR,DIOD Relative Performance Chart


Special Offer: Join the value investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes


Top Six Most Viewed Stories This Week @ Market News Video:
Tuesday Sector Leaders: General Contractors & Builders, Computer PeripheralsTuesday Sector Leaders: General Contractors & Builders, Computer Peripherals
Channel: Market Movers
Related symbols: MHO,BZH,EXTR,KTCC
S&P 500 Analyst Moves: VRTXS&P 500 Analyst Moves: VRTX
Channel: Upgrades/Downgrades
Related symbols: VRTX
S&P 500 Analyst Moves: MHKS&P 500 Analyst Moves: MHK
Channel: Upgrades/Downgrades
Related symbols: MHK
Tuesday 4/1 Insider Buying Report: TFM, HEROTuesday 4/1 Insider Buying Report: TFM, HERO
Channel: Insider Buying Report
Related symbols: TFM,HERO
Dow Analyst Moves: CSCODow Analyst Moves: CSCO
Channel: Upgrades/Downgrades
Related symbols: CSCO
Wednesday 4/2 Insider Buying Report: LUB, EXAWednesday 4/2 Insider Buying Report: LUB, EXA
Channel: Insider Buying Report
Related symbols: LUB,EXA

This Article's Word Cloud:   Below   DIOD   Days   Definition   ETFs   Electronic   Index   Investors   MEMC   Materials   Relative   Seven   Strength   Thursday   about   above   among   analysis   chart   companies   comparison   could   hands   high   history   momentum   operates   other   overbought   overdue   performance   point   pullback   range   reading   recent   scale   share   shares   special   stock   stocks   territory   that   trading   week   what   which   with   zero
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use & Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Market Definitions
MNV

Shares of WFR Now Overbought | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.