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First Week of February 15th Options Trading For Arch Capital Group (ACGL)
Thursday, January 3, 11:31 AM ET, by Market News Video Staff

Investors in Arch Capital Group Ltd (ACGL) saw new options begin trading this week, for ...

Arch Capital Group (ACGL) Shares Cross Above 200 DMA
Thursday, January 17, 11:42 AM ET, by Market News Video Staff

In trading on Thursday, shares of Arch Capital Group Ltd (ACGL) crossed above their 200 ...

Arch Capital Group Larger Than S&P 500 Component National Oilwell Varco
Thursday, January 17, 4:48 PM ET, by Market News Video Staff

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

Peek Under The Hood: IAK Has 10% Upside
Tuesday, January 22, 7:54 AM ET, by Market News Video Staff

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

Interesting ACGL Put And Call Options For September 20th
Thursday, January 24, 11:08 AM ET, by Market News Video Staff

Investors in Arch Capital Group Ltd (ACGL) saw new options begin trading this week, for ...

Oversold Conditions For Arch Capital Group (ACGL)

By Market News Video Staff, Monday, April 9, 4:30 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 Monday, shares of Arch Capital Group Ltd (NASDAQ:ACGL) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $80.01 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 45.4. A bullish investor could look at ACGL's 29.8 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 ACGL shares:

Arch Capital Group Ltd 1 Year Performance Chart

Looking at the chart above, ACGL's low point in its 52 week range is $80.01 per share, with $102.60 as the 52 week high point that compares with a last trade of $80.37. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, ACGL makes up 2.30% of the Guggenheim Multi-Asset Income ETF (NYSE:CVY) which is trading up by about 0.6% on the day Monday.

See what other ETFs contain ACGL
See what other stocks are held by CVY


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Oversold Conditions For Arch Capital Group (ACGL) | Market News Video | Copyright © 2008 - 2019, All Rights Reserved

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