Stock message boards
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:

Calavo Growers, Inc. Breaks Below 200-Day Moving Average - Notable for CVGW
Wednesday, February 5, 11:58 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Calavo Growers, Inc. (CVGW) crossed below their 200 day ...

Notable Two Hundred Day Moving Average Cross - SPTN
Wednesday, February 5, 11:58 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Spartan Stores Inc (SPTN) crossed below their 200 day ...

RSI Alert: Snyder's-Lance Inc. (LNCE) Now Oversold
Wednesday, February 5, 12:28 PM ET, by Market News Video Staff

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

Oversold Conditions For Inter Parfums, Inc. (IPAR)
Wednesday, February 5, 12:34 PM ET, by Market News Video Staff

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

MED Makes Notable Cross Below Critical Moving Average
Monday, February 10, 11:07 AM ET, by Market News Video Staff

In trading on Monday, shares of Medifast Inc (MED) crossed below their 200 day moving ...

  More articles:  1 2 3 4 5 6 7 next »

Diamond Foods Inc Becomes Oversold (DMND)

By Market News Video Staff, Monday, November 19, 12:18 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 Diamond Foods Inc (NASDAQ:DMND) entered into oversold territory, hitting an RSI reading of 26.9, after changing hands as low as $13.41 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.6. A bullish investor could look at DMND's 26.9 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 DMND shares:

Diamond Foods Inc 1 Year Performance Chart

Looking at the chart above, DMND's low point in its 52 week range is $13.41 per share, with $40.71 as the 52 week high point that compares with a last trade of $13.55. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, DMND makes up 1.66% of the S&P SmallCap Consumer Staples Portfolio ETF (NASDAQ:PSCC) which is trading up by about 0.9% on the day Monday.

See what other ETFs contain DMND
See what other stocks are held by PSCC


Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Buffett   Channel   DMND   Days   Definition   ETFs   Find   Growth   Index   Monday   PSCC   Portfolio   Price   Relative   Special   Staples   Strength   Warren   about   analysis   below   changing   chart   entered   fearful   greedy   heavy   investor   look   makes   other   others   oversold   point   raquo   reading   selling   share   shares   stock   stocks   technical   territory   that   trading   week   what   when   which   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
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

Diamond Foods Inc Becomes Oversold (DMND) | Market News Video | Copyright © 2008 - 2014, 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.