Stock message boards
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

See How SPX Corp. Ranks Among Analysts' Top Picks With Strong Buyback Activity
Wednesday, March 5, 1:21 PM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that SPX Corp. (SPW) is ...

SPX Corp. Larger Than S&P 500 Component Assurant Inc
Friday, March 7, 4:41 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component SPX ...

Ex-Dividend Reminder: SPX Corp., Corporate Executive Board and Kforce Inc.
Monday, March 10, 10:22 AM ET, by Market News Video Staff

On 3/12/14, SPX Corp. (SPW), Corporate Executive Board Co.. ...

How To YieldBoost SPW To 9.8% Using Options
Wednesday, March 12, 11:55 AM ET, by Market News Video Staff

Shareholders of SPX Corp. (SPW) looking to boost their income beyond the stock's 1.4% annualized ...

May 17th Options Now Available For SPX Corp. (SPW)
Monday, March 24, 11:55 AM ET, by Market News Video Staff

Investors in SPX Corp. (SPW) saw new options begin trading today, for the May 17th ...

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

SPX Corp. is Now Oversold (SPW)

By Market News Video Staff, Friday, April 5, 12:20 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 SPX Corp. (NYSE:SPW) entered into oversold territory, hitting an RSI reading of 28.3, after changing hands as low as $74.78 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 49.0. A bullish investor could look at SPW's 28.3 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 SPW shares:

SPX Corp. 1 Year Performance Chart

Looking at the chart above, SPW's low point in its 52 week range is $56.31 per share, with $85.82 as the 52 week high point that compares with a last trade of $75.33. Find out what 9 other oversold stocks you need to know about

Special Offer: Manage the risks of the markets better with a free 30 day trial to the Strategic Risk Management System.

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

This Article's Word Cloud:   Buffett   Definition   Earnings   Index   Management   Oversold   Price   Relative   Special   Start   Strategic   Strength   Traded   Warren   analysis   below   better   bullish   changing   chart   entered   entry   falls   fearful   greedy   heavy   investor   know   level   look   markets   others   oversold   point   raquo   reading   selling   share   shares   sign   stock   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

SPX Corp. is Now Oversold (SPW) | 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.