Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Investors Land KTOS Even Cheaper Than Its Secondary Stock Offering
Monday, September 11, 11:32 AM ET, by Market News Video Staff

Looking back to 4 days ago, Kratos Defense & Security Solutions, Inc. (KTOS) priced a ...

Bullish Two Hundred Day Moving Average Cross - TGI
Friday, September 15, 11:18 AM ET, by Market News Video Staff

In trading on Friday, shares of Triumph Group Inc. (TGI) crossed above their 200 day ...

ESL Makes Bullish Cross Above Critical Moving Average
Friday, September 22, 11:03 AM ET, by Market News Video Staff

In trading on Friday, shares of Esterline Technologies Corp (ESL) crossed above their 200 day ...

AAXN Crosses Above Key Moving Average Level
Thursday, October 12, 11:42 AM ET, by Market News Video Staff

In trading on Thursday, shares of Axon Enterprise Inc (AAXN) crossed above their 200 day ...

ARNC Makes Notable Cross Below Critical Moving Average
Monday, October 23, 11:49 AM ET, by Market News Video Staff

In trading on Monday, shares of Arconic Inc (ARNC) crossed below their 200 day moving ...

  More articles:  1 2 next »

Exelis Inc. is Now Oversold (XLS)

By Market News Video Staff, Monday, June 25, 12:14 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 Monday, shares of Exelis Inc. (XLS) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $9.33 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 44.5. A bullish investor could look at XLS's 28.7 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 $9.39. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, XLS makes up 2.84% of the SPDR S&P Aerospace & Defense ETF (AMEX:XAR) which is trading lower by about 0.8% on the day Monday.

See what other ETFs contain XLS
See what other stocks are held by XAR

Special Offer: Small cap value stocks have outperformed the markets since the end of the recession see what you've been missing with this free 30 day trial

This Article's Word Cloud:   AMEX   About   According   Aerospace   Buffett   Channel   Defense   ETFs   Exelis   Find   Finder   Index   Know   Legendary   Looking   Monday   Offer   Oversold   Relative   SPDR   Should   Small   Special   Start   Stocks   Strength   Warren   about   below   chart   fearful   greedy   investor   look   other   others   oversold   point   reading   share   shares   stock   stocks   that   trading   week   what   when   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Message Boards Stock Market Definitions

Exelis Inc. is Now Oversold (XLS) | Market News Video | Copyright © 2008 - 2018, 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.