Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|California Resources (CRC) Shares Enter Oversold Territory
Wednesday, April 19, 3:50 PM ET, by Market News Video Staff
In trading on Wednesday, shares of California Resources Corp (CRC) entered into oversold territory, changing ...
Analysts Forecast 39% Upside For The Holdings of XOP
Thursday, April 20, 1:01 PM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
SRCI Makes Notable Cross Below Critical Moving Average
Thursday, April 27, 11:37 AM ET, by Market News Video Staff
In trading on Thursday, shares of SRC Energy Inc (SRCI) crossed below their 200 day ...
SPDR S&P Oil & Gas Exploration & Production ETF Experiences Big Inflow
Thursday, April 27, 11:50 AM ET, by Market News Video Staff
Symbols mentioned in this story: XOP, RICE, EQT, COG Exchange traded funds (ETFs) trade just ...
Shares of SRCI Now Oversold
Wednesday, May 3, 12:02 PM ET, by Market News Video Staff
In trading on Wednesday, shares of SRC Energy Inc (SRCI) entered into oversold territory, changing ...
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: