Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

PowerShares S&P SmallCap Health Care Portfolio (PSCH) Enters Oversold Territory
Monday, February 8, 10:52 AM ET, by Market News Video Staff

In trading on Monday, shares of the PowerShares S&P SmallCap Health Care Portfolio ETF (PSCH) ...

Analysts Expect XSLV To Hit $36
Tuesday, February 9, 8:13 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Ex-Dividend Reminder: Laclede Group, Analogic and Shire
Monday, March 7, 10:10 AM ET, by Market News Video Staff

On 3/9/16, Laclede Group Inc (LG), Analogic Corp (ALOG), and Shire plc (SHPG) will all ...

Bullish Two Hundred Day Moving Average Cross - PSCH
Wednesday, April 13, 3:55 PM ET, by Market News Video Staff

In trading on Wednesday, shares of the PowerShares S&P SmallCap Health Care Portfolio ETF (PSCH) ...

Ex-Dividend Reminder: Avangrid, Anthem and Analogic
Monday, June 6, 10:20 AM ET, by Market News Video Staff

On 6/8/16, Avangrid Inc (AGR), Anthem Inc (ANTM), and Analogic Corp (ALOG) will all trade ...

  More articles:  1 2 next »

Analogic Corp Becomes Oversold (ALOG)

By Market News Video Staff, Friday, December 7, 12:00 PM ET
Play Video: Learn About The RSI

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

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 Friday, shares of Analogic Corp (NASDAQ:ALOG) entered into oversold territory, hitting an RSI reading of 27.3, after changing hands as low as $67.6101 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 54.4. A bullish investor could look at ALOG's 27.3 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 ALOG shares:

Analogic Corp 1 Year Performance Chart

Looking at the chart above, ALOG's low point in its 52 week range is $52.55 per share, with $84.71 as the 52 week high point that compares with a last trade of $68.86. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, ALOG makes up 1.62% of the S&P SmallCap Health Care Portfolio ETF (NASDAQ:PSCH) which is trading up by about 0.1% on the day Friday.

See what other ETFs contain ALOG
See what other stocks are held by PSCH

Special Offer: Manage the risks of the markets better with a free 30 day trial to the Multi-Asset Class Risk Management Portfolio.

Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   ALOG   Analogic   Finder   Friday   Management   Oversold   PSCH   Portfolio   Relative   Special   Start   Warren   about   analysis   below   better   bullish   changing   chart   entered   entry   fearful   greedy   heavy   held   investor   know   look   makes   markets   other   others   oversold   point   reading   selling   share   shares   sign   stock   stocks   technical   territory   that   trading   week   what   when   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Chart Zero Stock Market Game Stock Market Definitions

Analogic Corp Becomes Oversold (ALOG) | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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.