Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|SPDR S&P Oil & Gas Exploration & Production (XOP) Shares Cross Below 200 DMA
Monday, February 3, 4:19 PM ET, by Market News Video Staff
In trading on Monday, shares of the SPDR S&P Oil & Gas Exploration & Production ...
Relative Strength Alert For Rosetta Resources, Inc.
Monday, February 3, 4:51 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
XOP, MHR, GPRE, PVA: ETF Outflow Alert
Tuesday, February 4, 10:52 AM ET, by Market News Video Staff
Symbols mentioned in this story: XOP, MHR, GPRE, PVA Exchange traded funds (ETFs) trade just ...
Shares of REN Now Oversold
Wednesday, February 5, 11:37 AM ET, by Market News Video Staff
In trading on Wednesday, shares of Resolute Energy Corp (REN) entered into oversold territory, changing ...
Interesting XOP Put And Call Options For March 14th
Thursday, February 6, 11:44 AM ET, by Market News Video Staff
Investors in SPDR S&P Oil & Gas Exploration & Production ETF (XOP) saw new options ...
Whiting Petroleum Corp Stock Getting Very Oversold
By Energy Stock Channel Staff, Thursday, October 25, 1:23 PM ET
In trading on Thursday, shares of Whiting Petroleum Corp (NYSE:WLL) entered into oversold territory, changing hands as low as $41.79 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 Whiting Petroleum Corp, the RSI reading has hit 29.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 44.7, the RSI of WTI Crude Oil is at 29.2, and the RSI of Henry Hub Natural Gas is presently 51.5.
A bullish investor could look at WLL's 29.0 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), WLL's low point in its 52 week range is $35.68 per share, with $63.97 as the 52 week high point — that compares with a last trade of $42.37. Whiting Petroleum Corp shares are currently trading off about 3.2% on the day.
According to the ETF Finder at ETF Channel, WLL makes up 1.48% of the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP) which is trading up by about 0.1% on the day Thursday.
See what other ETFs contain WLL »
See what other stocks are held by XOP »
Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.
This Article's Word Cloud: