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

Featured MNV Articles:

Short Interest In Fresh Del Monte Produce Falls 35.7%
Thursday, September 13, 4:14 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 08/15/2018 settlement date, which ...

Fresh Del Monte Produce Becomes Oversold
Wednesday, September 19, 4:21 PM ET, by Market News Video Staff

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

Notable Monday Option Activity: FDP, SPLK, GPRE
Monday, October 8, 3:21 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

FDP Breaks Above 2% Yield Territory
Friday, October 12, 3:10 PM ET, by Market News Video Staff

In trading on Friday, shares of Fresh Del Monte Produce Inc. (FDP) were yielding above ...

Ex-Dividend Reminder: Standard Motor Products, Fresh Del Monte Produce and Church & Dwight
Monday, November 12, 10:05 AM ET, by Market News Video Staff

On 11/14/18, Standard Motor Products, Inc. (SMP), Fresh Del Monte Produce Inc.. ...

Fresh Del Monte Produce Enters Oversold Territory (FDP)

By Market News Video Staff, Monday, July 15, 12:08 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 Fresh Del Monte Produce Inc. (NYSE:FDP) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $22.98 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 76.5. A bullish investor could look at FDP's 28.7 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 FDP shares:

Fresh Del Monte Produce Inc. 1 Year Performance Chart

Looking at the chart above, FDP's low point in its 52 week range is $22.98 per share, with $44.14 as the 52 week high point — that compares with a last trade of $23.60. Find out what 9 other oversold stocks you need to know about »


Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter


This Article's Word Cloud:   About   Buffett   Channel   Dividend   Find   Fresh   Index   Know   Legendary   Looking   Monday   Monte   NYSE   Newsletter   Offer   Oversold   Premium   Produce   Receive   Relative   Should   Special   Start   Stocks   Strength   Warren   about   above   advises   after   afternoon   analysis   below   chart   fearful   greedy   investor   look   others   oversold   point   raquo   reading   share   shares   stock   that   week   when   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Fresh Del Monte Produce Enters Oversold Territory (FDP) | Market News Video | Copyright © 2008 - 2019, 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.