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MCHI, TAL, WUBA, SINA: Large Outflows Detected at ETF
Thursday, December 21, 10:56 AM ET, by Market News Video Staff

Symbols mentioned in this story: MCHI, TAL, WUBA, SINA Exchange traded funds (ETFs) trade just ...

Notable ETF Outflow Detected - GXC, SINA, WB, VIPS
Friday, January 26, 11:27 AM ET, by Market News Video Staff

Symbols mentioned in this story: GXC, SINA, WB, VIPS Exchange traded funds (ETFs) trade just ...

Notable Two Hundred Day Moving Average Cross - SINA
Thursday, February 8, 5:13 PM ET, by Market News Video Staff

In trading on Thursday, shares of Sina Corp (SINA) crossed below their 200 day moving ...

MCHI, VIPS, SINA, WB: Large Inflows Detected at ETF
Monday, February 12, 11:15 AM ET, by Market News Video Staff

Symbols mentioned in this story: MCHI, VIPS, SINA, WB Exchange traded funds (ETFs) trade just ...

Analysts Forecast 11% Upside For The Holdings of FNI
Thursday, February 15, 8:27 AM ET, by Market News Video Staff

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

Oversold Conditions For Sina

By Market News Video Staff, Thursday, February 11, 12:26 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 Thursday, shares of Sina Corp (NASDAQ:SINA) entered into oversold territory, hitting an RSI reading of 27.7, after changing hands as low as $39.58 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 30.6. A bullish investor could look at SINA's 27.7 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 SINA shares:

Sina Corp 1 Year Performance Chart

Looking at the chart above, SINA's low point in its 52 week range is $31.92 per share, with $61.25 as the 52 week high point that compares with a last trade of $40.05. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, SINA makes up 4.29% of the Social Media Index ETF (NASDAQ:SOCL) which is trading lower by about 3% on the day Thursday.

See what other ETFs contain SINA
See what other stocks are held by SOCL

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Oversold Conditions For Sina | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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