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Ex-Dividend Reminder: Suncor Energy, Imperial Oil and CVR Energy
Wednesday, February 27, 10:04 AM ET, by Market News Video Staff

On 3/1/19, Suncor Energy Inc (SU), Imperial Oil Ltd (IMO), and CVR Energy Inc (CVI) ...

Commit To Purchase CVR Energy At $30, Earn 4.3% Annualized Using Options
Tuesday, April 2, 11:45 AM ET, by Market News Video Staff

Investors eyeing a purchase of CVR Energy Inc (CVI) stock, but tentative about paying the ...

CVR Energy Reaches Analyst Target Price
Thursday, April 4, 8:27 AM ET, by Market News Video Staff

In recent trading, shares of CVR Energy Inc (CVI) have crossed above the average analyst ...

CVR Energy (CVI) Passes Through 7% Yield Mark
Tuesday, April 9, 3:09 PM ET, by Market News Video Staff

In trading on Tuesday, shares of CVR Energy Inc (CVI) were yielding above the 7% ...

Cash Dividend On The Way From CVR Energy (CVI)
Wednesday, May 1, 10:12 AM ET, by Market News Video Staff

On 5/3/19, CVR Energy Inc (CVI) will trade ex-dividend, for its quarterly dividend of $0.75, ...

CVR Energy Enters Oversold Territory (CVI)

By Market News Video Staff, Friday, December 13, 11:53 AM 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 Friday, shares of CVR Energy Inc (NYSE:CVI) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $41.231 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 67.3. A bullish investor could look at CVI's 29.9 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 CVI shares:

CVR Energy Inc 1 Year Performance Chart

Looking at the chart above, CVI's low point in its 52 week range is $30.46 per share, with $55.5228 as the 52 week high point — that compares with a last trade of $41.15. Find out what 9 other oversold stocks you need to know about »


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