Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Western Gas Partners Enters Oversold Territory (WES)
Wednesday, December 10, 12:04 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
MLPA Crowded With Sellers
Wednesday, December 10, 4:02 PM ET, by Market News Video Staff
In trading on Wednesday, shares of the MLP ETF (MLPA) entered into oversold territory, changing ...
Williams Partners (WPZ) Shares Enter Oversold Territory
Thursday, December 11, 3:56 PM ET, by Market News Video Staff
In trading on Thursday, shares of Williams Partners L.P. (WPZ) entered into oversold territory, changing ...
Sunoco Logistics Partners Stock Getting Very Oversold
Monday, December 15, 11:28 AM ET, by Market News Video Staff
In trading on Monday, shares of Sunoco Logistics Partners L.P. (SXL) entered into oversold territory, ...
APL Falls to Levels Below Book Value
Tuesday, December 16, 1:09 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Atlas Pipeline Partners LP (APL) crossed below their last ...
Regency Energy Partners LP Stock Getting Very Oversold
By Energy Stock Channel Staff, Wednesday, December 5, 3:57 PM ET
In trading on Wednesday, shares of Regency Energy Partners LP (NYSE:RGP) entered into oversold territory, changing hands as low as $21.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Regency Energy Partners LP, the RSI reading has hit 29.3 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 48.7, the RSI of WTI Crude Oil is at 46.8, and the RSI of Henry Hub Natural Gas is presently 52.4.
A bullish investor could look at RGP's 29.3 reading 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.
Looking at a chart of one year performance (below), RGP's low point in its 52 week range is $20.61 per share, with $27.40 as the 52 week high point — that compares with a last trade of $21.30. Regency Energy Partners LP shares are currently trading down about 0.9% on the day.
According to the ETF Finder at ETF Channel, RGP makes up 3.25% of the MLP ETF (AMEX:MLPA) which is trading relatively unchanged on the day Wednesday.
See what other ETFs contain RGP »
See what other stocks are held by MLPA »
Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.
This Article's Word Cloud: