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Notable Two Hundred Day Moving Average Cross - DCOM
Friday, June 14, 11:33 AM ET, by Market News Video Staff

In trading on Friday, shares of Dime Community Bancshares, Inc (DCOM) crossed below their 200 ...

Dime Community Bancshares (DCOM) Passes Through 3% Yield Mark
Tuesday, July 2, 3:09 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Dime Community Bancshares, Inc (DCOM) were yielding above the ...

Dime Community Bancshares Reaches Analyst Target Price
Monday, July 8, 8:35 AM ET, by Market News Video Staff

In recent trading, shares of Dime Community Bancshares, Inc (DCOM) have crossed above the average ...

DCOM Ex-Dividend Reminder - 8/6/19
Friday, August 2, 10:00 AM ET, by Market News Video Staff

On 8/6/19, Dime Community Bancshares, Inc (DCOM) will trade ex-dividend, for its quarterly dividend of ...

DCOM Crosses Below Key Moving Average Level
Friday, October 25, 11:48 AM ET, by Market News Video Staff

In trading on Friday, shares of Dime Community Bancshares, Inc (DCOM) crossed below their 200 ...

Oversold Conditions For Dime Community Bancshares (DCOM)

By Market News Video Staff, Monday, March 23, 4:28 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 Dime Community Bancshares, Inc (NASDAQ:DCOM) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $11.43 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 29.0. A bullish investor could look at DCOM's 29.0 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 DCOM shares:

Dime Community Bancshares, Inc 1 Year Performance Chart

Looking at the chart above, DCOM's low point in its 52 week range is $11.43 per share, with $22.50 as the 52 week high point — that compares with a last trade of $11.75. Find out what 9 other oversold stocks you need to know about »


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Oversold Conditions For Dime Community Bancshares (DCOM) | Market News Video | Copyright © 2008 - 2020, All Rights Reserved

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