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MDAS Crosses Below Key Moving Average Level
Thursday, May 2, 11:39 AM ET, by Market News Video Staff

In trading on Thursday, shares of MedAssets Inc (MDAS) crossed below their 200 day moving ...

MedAssets Inc Enters Oversold Territory (MDAS)
Friday, May 24, 12:20 PM ET, by Market News Video Staff

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

MDAS Crosses Above Key Moving Average Level
Tuesday, May 28, 11:44 AM ET, by Market News Video Staff

In trading on Tuesday, shares of MedAssets Inc (MDAS) crossed above their 200 day moving ...

MedAssets Inc Breaks Above 200-Day Moving Average - Bullish for MDAS
Friday, June 21, 5:14 PM ET, by Market News Video Staff

In trading on Friday, shares of MedAssets Inc (MDAS) crossed above their 200 day moving ...

Commit To Purchase MedAssets At $20, Earn 12.2% Annualized
Wednesday, July 24, 11:38 AM ET, by Market News Video Staff

Investors considering a purchase of MedAssets Inc (MDAS) stock, but cautious about paying the going ...

  More articles:  1 2 3 4 next »

MedAssets Inc is Now Oversold (MDAS)

By Market News Video Staff, Monday, April 16, 4:32 PM ET
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Monday, shares of MedAssets Inc (NASDAQ:MDAS) entered into oversold territory, hitting an RSI reading of 23.9, after changing hands as low as $12.25 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 45.5. A bullish investor could look at MDAS's 23.9 RSI reading today 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. The chart below shows the one year performance of MDAS shares:

MedAssets Inc 1 Year Performance Chart

Looking at the chart above, MDAS's low point in its 52 week range is $8.52 per share, with $16.28 as the 52 week high point that compares with a last trade of $12.41. Find out what 9 other oversold stocks you need to know about


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