Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

GenCorp is Now Oversold
Thursday, July 10, 4:25 PM ET, by Market News Video Staff

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

Huntington Ingalls Industries (HII) Shares Cross Below 200 DMA
Thursday, July 17, 4:38 PM ET, by Market News Video Staff

In trading on Thursday, shares of Huntington Ingalls Industries, Inc. (HII) crossed below their 200 ...

Interesting XLS Put Options For September 20th
Tuesday, July 22, 1:26 PM ET, by Market News Video Staff

Investors in Exelis Inc. (XLS) saw new options become available this week, for the September ...

Hexcel Becomes Oversold (HXL)
Wednesday, July 23, 4:27 PM ET, by Market News Video Staff

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

Relative Strength Alert For Teledyne Technologies
Friday, July 25, 12:55 PM ET, by Market News Video Staff

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

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

Exelis Inc. is Now Oversold (XLS)

By Market News Video Staff, Friday, June 1, 1:57 PM ET
Play Video: Learn About The RSI


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

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 Friday, shares of Exelis Inc. (NYSE:XLS) entered into oversold territory, hitting an RSI reading of 28.0, after changing hands as low as $9.69 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 30.5. A bullish investor could look at XLS's 28.0 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 XLS shares:

Exelis Inc. 1 Year Performance Chart

Looking at the chart above, XLS's low point in its 52 week range is $8.25 per share, with $13.50 as the 52 week high point that compares with a last trade of $9.69. Find out what 9 other oversold stocks you need to know about

XLS makes up 2.72% of the SPDR S&P Aerospace & Defense ETF (AMEX:XAR)


Special Offer: Manage the risks of the markets better with a free 30 day trial to the Multi-Asset Class Risk Management Portfolio.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Asset   Buffett   Class   Definition   Earnings   Index   Management   Oversold   Price   Relative   Special   Start   Strength   Traded   Warren   analysis   below   better   bullish   changing   chart   entered   entry   fearful   greedy   heavy   investor   know   level   look   makes   markets   others   oversold   point   reading   selling   share   shares   sign   stock   technical   territory   that   trading   week   what   when   which   with
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 Portfolio Channel Stock Market Definitions
MNV

Exelis Inc. is Now Oversold (XLS) | 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.