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:

Approach Resources Inc (AREX) Shares Cross Below Book Value
Thursday, May 15, 1:16 PM ET, by Market News Video Staff

In trading on Thursday, shares of Approach Resources Inc (AREX) crossed below their last reported ...

XOP, GDP, HK, CRK: ETF Outflow Alert
Friday, May 16, 11:00 AM ET, by Market News Video Staff

Symbols mentioned in this story: XOP, GDP, HK, CRK Exchange traded funds (ETFs) trade just ...

SPDR S&P Oil & Gas Exploration & Production ETF Experiences Big Inflow
Tuesday, May 27, 10:56 AM ET, by Market News Video Staff

Symbols mentioned in this story: XOP, GDP, HK, CRK Exchange traded funds (ETFs) trade just ...

XOP, GDP, HK, CRK: ETF Inflow Alert
Wednesday, June 4, 10:51 AM ET, by Market News Video Staff

Symbols mentioned in this story: XOP, GDP, HK, CRK Exchange traded funds (ETFs) trade just ...

Use Options For a Chance To Buy OAS at a 44% Discount
Wednesday, June 4, 11:51 AM ET, by Market News Video Staff

Looking back to 182 days ago, Oasis Petroleum Inc. (OAS) priced a 7,000,000 share secondary ...

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

Whiting Petroleum Corp Stock Getting Very Oversold

By Energy Stock Channel Staff, Thursday, October 25, 1:23 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 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.

Whiting Petroleum Corp 1 Year Performance Chart

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:   AMEX   According   Channel   Corp   Dave   Days   Definition   ETFs   Earnings   Energy   Index   Investment   Moenning   Petroleum   Portfolio   Relative   Stock   Strength   Thursday   What   Whiting   about   analysis   below   bullish   comparison   could   currently   hands   look   momentum   opportunities   other   oversold   point   range   reading   recent   scale   share   shares   stocks   territory   that   trading   week   what   which   with   zero

Whiting Petroleum Corp Stock Getting Very Oversold | 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.