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CoreCivic Breaks Above 200-Day Moving Average - Bullish for CXW
Thursday, February 25, 11:13 AM ET, by Market News Video Staff

In trading on Thursday, shares of CoreCivic Inc (CXW) crossed above their 200 day moving ...

Notable Thursday Option Activity: CXW, C, OKTA
Thursday, February 25, 3:20 PM ET, by Market News Video Staff

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

Analysts Expect 11% Gains Ahead For SPTM
Friday, March 5, 9:25 AM ET, by Market News Video Staff

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

May 21st Options Now Available For CoreCivic (CXW)
Thursday, March 18, 12:46 PM ET, by Market News Video Staff

Investors in CoreCivic Inc (CXW) saw new options begin trading today, for the May 21st ...

CXW Crosses Below Key Moving Average Level
Thursday, March 25, 11:07 AM ET, by Market News Video Staff

In trading on Thursday, shares of CoreCivic Inc (CXW) crossed below their 200 day moving ...

Relative Strength Alert For CoreCivic

By Market News Video Staff, Tuesday, September 14, 6:16 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 Tuesday, shares of CoreCivic Inc (NYSE:CXW) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $8.71 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 43.7. A bullish investor could look at CXW's 29.6 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 CXW shares:

CoreCivic Inc 1 Year Performance Chart

Looking at the chart above, CXW's low point in its 52 week range is $5.76 per share, with $12.35 as the 52 week high point — that compares with a last trade of $8.74. Find out what 9 other oversold stocks you need to know about »

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