Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door ValueForum.com
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Notable Two Hundred Day Moving Average Cross - REXX
Thursday, May 8, 1:15 PM ET, by Market News Video Staff

In trading on Thursday, shares of Rex Energy Corp (REXX) crossed below their 200 day ...

EPL Oil & Gas Inc (EPL) Shares Enter Oversold Territory
Thursday, May 8, 4:12 PM ET, by Market News Video Staff

In trading on Thursday, shares of EPL Oil & Gas Inc (EPL) entered into oversold ...

Energy XXI Bermuda Ltd (EXXI) Shares Enter Oversold Territory
Thursday, May 8, 4:12 PM ET, by Market News Video Staff

In trading on Thursday, shares of Energy XXI Bermuda Ltd (EXXI) entered into oversold territory, ...

Northern Oil & Gas Inc (NOG) Shares Cross Below 200 DMA
Friday, May 9, 11:35 AM ET, by Market News Video Staff

In trading on Friday, shares of Northern Oil & Gas Inc (NOG) crossed below their ...

SPDR S&P Oil & Gas Exploration & Production ETF -- Insider Buying Index Registering 15.5%
Thursday, May 15, 9:45 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the SPDR S&P Oil & Gas Exploration ...

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

SD Stock Crowded With Sellers

By Energy Stock Channel Staff, Friday, October 26, 12:04 PM ET
Play Video: Learn About The RSI


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

In trading on Friday, shares of Sandridge Energy, Inc. (NYSE:SD) entered into oversold territory, changing hands as low as $6.16 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Sandridge Energy, Inc., the RSI reading has hit 29.2 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 44.4, the RSI of WTI Crude Oil is at 30.1, and the RSI of Henry Hub Natural Gas is presently 50.0.

A bullish investor could look at SD's 29.2 reading 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.

Looking at a chart of one year performance (below), SD's low point in its 52 week range is $5.55 per share, with $9.04 as the 52 week high point that compares with a last trade of $6.21. Sandridge Energy, Inc. shares are currently trading down about 3.7% on the day.

Sandridge Energy, Inc. 1 Year Performance Chart

According to the ETF Finder at ETF Channel, SD makes up 1.44% of the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP) which is trading lower by about 0.3% on the day Friday.

See what other ETFs contain SD
See what other stocks are held by XOP


Special Offer: Find out what Frank Bifulco is holding in the Dividend OverDrive Portfolio with a free 30 day trial and a 20% off coupon from Forbes


This Article's Word Cloud:   AMEX   Average   Channel   Definition   Dividend   Dividends   ETFs   Earnings   Energy   Friday   Importance   Index   Industrial   OverDrive   Portfolio   Price   Relative   Sandridge   Stock   Strength   about   analysis   below   comparison   currently   hands   heavy   look   momentum   other   oversold   point   process   range   reading   recent   scale   share   shares   slideshow   stocks   territory   that   trading   week   what   which   with   year   zero

SD Stock Crowded With Sellers | www.EnergyStockChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. 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. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.