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Core Laboratories Reaches Analyst Target Price
Tuesday, April 4, 6:58 AM ET, by Market News Video Staff

In recent trading, shares of Core Laboratories N.V. (CLB) have crossed above the average analyst ...

Ex-Dividend Reminder: Core Laboratories, Energy Transfer and Cheniere Energy Partners
Wednesday, May 3, 11:08 AM ET, by Market News Video Staff

On 5/5/23, Core Laboratories Inc (CLB), Energy Transfer LP (ET), and Cheniere Energy Partners L ...

CLB Crosses Above Average Analyst Target
Thursday, May 4, 7:37 AM ET, by Market News Video Staff

In recent trading, shares of Core Laboratories Inc (CLB) have crossed above the average analyst ...

Commit To Purchase Core Laboratories At $17.50, Earn 9.4% Annualized Using Options
Thursday, July 27, 5:56 PM ET, by Market News Video Staff

Investors eyeing a purchase of Core Laboratories Inc (CLB) shares, but cautious about paying the ...

Ex-Dividend Reminder: Core Laboratories, Select Water Solutions and Magellan Midstream Partners LP
Wednesday, August 2, 10:00 AM ET, by Market News Video Staff

On 8/4/23, Core Laboratories Inc (CLB), Select Water Solutions Inc (WTTR), and Magellan Midstream Partners ...

Shares of CLB Now Oversold

By Energy Stock Channel Staff, Thursday, March 25, 11:24 AM ET
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In trading on Thursday, shares of Core Laboratories N.V. (NYSE:CLB) entered into oversold territory, changing hands as low as $28.21 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 Core Laboratories N.V. , the RSI reading has hit 29.7 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 46.7, the RSI of WTI Crude Oil is at 42.0, the RSI of Henry Hub Natural Gas is presently 43.6, and the 3-2-1 Crack Spread RSI is 55.8.

A bullish investor could look at CLB's 29.7 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), CLB's low point in its 52 week range is $8.90 per share, with $41.985 as the 52 week high point — that compares with a last trade of $28.31. Core Laboratories N.V. shares are currently trading off about 3.6% on the day.

Core Laboratories N.V.  1 Year Performance Chart


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