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First Week of May 2021 Options Trading For Ballard Power Systems (BLDP)
Friday, September 18, 11:06 AM ET, by Market News Video Staff

Investors in Ballard Power Systems, Inc. (BLDP) saw new options begin trading this week, for ...

First Week of December 18th Options Trading For Ballard Power Systems (BLDP)
Friday, October 16, 11:08 AM ET, by Market News Video Staff

Investors in Ballard Power Systems, Inc. (BLDP) saw new options begin trading this week, for ...

BLDP Crosses Above Average Analyst Target
Thursday, January 7, 10:34 AM ET, by Market News Video Staff

In recent trading, shares of Ballard Power Systems, Inc. (BLDP) have crossed above the average ...

First Week of August 20th Options Trading For Ballard Power Systems (BLDP)
Tuesday, January 12, 10:41 AM ET, by Market News Video Staff

Investors in Ballard Power Systems, Inc. (BLDP) saw new options become available this week, for ...

First Week of BLDP April 16th Options Trading
Thursday, February 25, 10:40 AM ET, by Market News Video Staff

Investors in Ballard Power Systems, Inc. (BLDP) saw new options become available this week, for ...

Ballard Power Systems Enters Oversold Territory (BLDP)

By Market News Video Staff, Tuesday, May 4, 12:10 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 Tuesday, shares of Ballard Power Systems, Inc. (NASDAQ:BLDP) entered into oversold territory, hitting an RSI reading of 28.4, after changing hands as low as $16.13 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 54.4. A bullish investor could look at BLDP's 28.4 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 BLDP shares:

Ballard Power Systems, Inc. 1 Year Performance Chart

Looking at the chart above, BLDP's low point in its 52 week range is $8.87 per share, with $42.28 as the 52 week high point — that compares with a last trade of $16.08. Find out what 9 other oversold stocks you need to know about »


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Ballard Power Systems Enters Oversold Territory (BLDP) | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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