Cash Dividend On The Way From ConAgra Foods, Inc. (CAG) Thursday, October 25, 11:09 AM ET, by Market News Video Staff On 10/29/12, ConAgra Foods, Inc. (CAG) will trade ex-dividend, for its quarterly dividend of $0.25, ...
Notable Two Hundred Day Moving Average Cross - EL Thursday, November 1, 3:11 PM ET, by Market News Video Staff In trading on Thursday, shares of Estee Lauder Cos., Inc. (EL) crossed below their 200 ...
CCE Ex-Dividend Reminder - 11/20/12 Friday, November 16, 10:41 AM ET, by Market News Video Staff On 11/20/12, Coca-Cola Enterprises Inc (CCE) will trade ex-dividend, for its quarterly dividend of $0.16, ...
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 Thursday, shares of Reynolds American Inc (NYSE:RAI) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $42.14 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 48.5. A bullish investor could look at RAI's 29.8 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 RAI shares:
This Article's Word Cloud:AMEXAccordingAmericanChannelDaveDaysETFsFindInvestmentLegendaryMoenningPortfolioShouldThursdayWarrenaboutanalysisbelowchartcomparisonfearfulgivengreedyhandsinvestorlookmomentumneedopportunitiesotherothersoversoldpointrangereadingrecentscalesharesharesstockstocksthattradingunchangedweekwhatwhenwhichwithzero
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.
Now Playing:
Learn About The RSI
Start slideshow:
Daily Wrap: May 10, 2013
Daily Dividend Report: CRI, WM, CHRW, NVDA, CBI
Daily Dividend Report: MAR, LEG, ORI, OFC, RNDY
Analyst Moves: RIG, APC, BSX
Analyst Moves: DISH, MDR, PCLN
Daily Wrap: May 9, 2013