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Ex-Dividend Reminder: Analogic, Gilead Sciences and Hill-Rom Holdings
Monday, June 12, 10:27 AM ET, by Market News Video Staff

On 6/14/17, Analogic Corp (ALOG), Gilead Sciences, Inc. (GILD), and Hill-Rom Holdings, Inc.. ...

Analysts Predict 10% Gains Ahead For IHI
Tuesday, August 22, 9:42 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: Analogic, Stryker and Medtronic
Tuesday, September 26, 10:26 AM ET, by Market News Video Staff

On 9/28/17, Analogic Corp (ALOG), Stryker Corp (SYK), and Medtronic PLC (MDT) will all trade ...

Analogic Reaches Analyst Target Price
Friday, September 29, 8:39 AM ET, by Market News Video Staff

In recent trading, shares of Analogic Corp (ALOG) have crossed above the average analyst 12-month ...

Analogic Reaches Analyst Target Price
Wednesday, November 22, 9:18 AM ET, by Market News Video Staff

In recent trading, shares of Analogic Corp (ALOG) have crossed above the average analyst 12-month ...

Analogic Corp Becomes Oversold (ALOG)

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


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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


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

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