Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Sonic (SONC) Shares Cross Below 200 DMA
Wednesday, July 1, 4:26 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Sonic Corp. (SONC) crossed below their 200 day moving ...

Signet Jewelers Enters Oversold Territory (SIG)
Tuesday, July 7, 1:06 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

WYN Makes Bullish Cross Above Critical Moving Average
Monday, July 13, 11:24 AM ET, by Market News Video Staff

In trading on Monday, shares of Wyndham Worldwide Corp (WYN) crossed above their 200 day ...

Sally Beauty Holdings Breaks Below 200-Day Moving Average - Notable for SBH
Tuesday, July 14, 11:18 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Sally Beauty Holdings Inc (SBH) crossed below their 200 ...

Insiders Buy the Holdings of FDM ETF
Wednesday, July 15, 9:42 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap ...

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

Libbey Inc. Getting Very Oversold (LBY)

By Market News Video Staff, Monday, February 11, 4:48 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 Monday, shares of Libbey Inc. (AMEX:LBY) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $18.24 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 69.6. A bullish investor could look at LBY's 29.3 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 LBY shares:

Libbey Inc. 1 Year Performance Chart

Looking at the chart above, LBY's low point in its 52 week range is $12.43 per share, with $19.94 as the 52 week high point that compares with a last trade of $18.44. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, LBY makes up 1.24% of the Dynamic Consumer Discretionary Sector Portfolio ETF (AMEX:PEZ) which is trading lower by about 0.2% on the day Monday.

See what other ETFs contain LBY
See what other stocks are held by PEZ

Special Offer: Free Sample Issue to the Preferred Stock List Newsletter plus 20% OFF your subscription

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

This Article's Word Cloud:   AMEX   Finder   Libbey   Monday   Newsletter   Oversold   Preferred   Relative   Sector   Special   Start   Warren   about   analysis   below   bullish   changing   chart   entered   entry   fearful   greedy   heavy   held   investor   know   level   look   lower   makes   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 Stock Message Boards Stock Market Definitions

Libbey Inc. Getting Very Oversold (LBY) | Market News Video | Copyright © 2008 - 2015, 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.