Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Book Value
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Johnson Outdoors Inc Enters Oversold Territory
Friday, December 6, 11:34 AM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

Johnson Outdoors Inc Enters Oversold Territory (JOUT)
Friday, January 31, 4:29 PM ET, by Market News Video Staff

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

Oversold Conditions For Johnson Outdoors Inc (JOUT)
Wednesday, February 26, 4:27 PM ET, by Market News Video Staff

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

Ex-Div Reminder for Johnson Outdoors Inc (JOUT)
Friday, April 4, 10:30 AM ET, by Market News Video Staff

On 4/8/14, Johnson Outdoors Inc (JOUT) will trade ex-dividend, for its quarterly dividend of $0.075, ...

Relative Strength Alert For Johnson Outdoors Inc
Wednesday, April 30, 1:04 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 next »

Johnson Outdoors Inc Enters Oversold Territory (JOUT)

By Market News Video Staff, Wednesday, October 24, 4:34 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 Wednesday, shares of Johnson Outdoors Inc (NASDAQ:JOUT) entered into oversold territory, hitting an RSI reading of 26.3, after changing hands as low as $18.77 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 37.2. A bullish investor could look at JOUT's 26.3 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 JOUT shares:

Johnson Outdoors Inc 1 Year Performance Chart

Looking at the chart above, JOUT's low point in its 52 week range is $13.68 per share, with $21.80 as the 52 week high point that compares with a last trade of $19.05. Find out what 9 other oversold stocks you need to know about


Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio


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

This Article's Word Cloud:   Buffett   Definition   Earnings   Income   Index   JOUT   Oversold   Price   Relative   Special   Start   Strength   Traded   Warren   What   analysis   below   bullish   changing   chart   entered   entry   exposure   fearful   greedy   heavy   income   investor   know   level   look   others   oversold   point   portfolio   reading   selling   share   shares   sign   stock   technical   territory   that   week   what   when   which   with   your
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 Chart Zero Stock Market Game Stock Market Definitions
MNV

Johnson Outdoors Inc Enters Oversold Territory (JOUT) | 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.