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Interesting HLX Call Options For December 18th
Tuesday, April 21, 11:03 AM ET, by Market News Video Staff

Investors in Helix Energy Solutions Group Inc (HLX) saw new options become available this week, ...

Analysts Forecast 38% Gains Ahead For The Holdings of PXJ
Thursday, April 30, 9:08 AM ET, by Market News Video Staff

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

Helix Energy Solutions Group Reaches Analyst Target Price
Friday, May 29, 8:03 AM ET, by Market News Video Staff

In recent trading, shares of Helix Energy Solutions Group Inc (HLX) have crossed above the ...

Implied PXJ Analyst Target Price: $3
Thursday, June 18, 8:49 AM ET, by Market News Video Staff

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

Interesting HLX Put And Call Options For August 21st
Friday, June 19, 10:50 AM ET, by Market News Video Staff

Investors in Helix Energy Solutions Group Inc (HLX) saw new options begin trading this week, ...

RSI Alert: Helix Energy Solutions Group (HLX) Now Oversold

By Market News Video Staff, Wednesday, March 14, 12:15 PM ET
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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 Wednesday, shares of Helix Energy Solutions Group Inc (NYSE:HLX) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $5.725 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 48.5. A bullish investor could look at HLX's 28.8 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 HLX shares:

Helix Energy Solutions Group Inc 1 Year Performance Chart

Looking at the chart above, HLX's low point in its 52 week range is $4.82 per share, with $8.70 as the 52 week high point that compares with a last trade of $5.62. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, HLX makes up 2.42% of the PowerShares Dynamic Oil & Gas Services Portfolio ETF (NYSE:PXJ) which is trading higher by about 0.7% on the day Wednesday.

See what other ETFs contain HLX
See what other stocks are held by PXJ


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RSI Alert: Helix Energy Solutions Group (HLX) Now Oversold | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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