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Core Laboratories Reaches Analyst Target Price
Monday, October 11, 8:58 AM ET, by Market News Video Staff

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

December 2022 Options Now Available For Core Laboratories (CLB)
Tuesday, October 19, 11:10 AM ET, by Market News Video Staff

Investors in Core Laboratories N.V. (CLB) saw new options become available today, for the December ...

Reminder - Core Laboratories (CLB) Goes Ex-Dividend Soon
Wednesday, November 3, 9:58 AM ET, by Market News Video Staff

On 11/5/21, Core Laboratories N.V. (CLB) will trade ex-dividend, for its quarterly dividend of $0.01, ...

Core Laboratories (CLB) Shares Enter Oversold Territory
Tuesday, November 30, 4:22 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Core Laboratories N.V. (CLB) entered into oversold territory, changing ...

How The Parts Add Up: DSI Targets $99
Wednesday, December 15, 8:32 AM ET, by Market News Video Staff

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

Shares of CLB Now Oversold

By Energy Stock Channel Staff, Thursday, June 16, 11:28 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 $20.95 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 29.9 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.2, the RSI of WTI Crude Oil is at 52.5, the RSI of Henry Hub Natural Gas is presently 45.2, and the 3-2-1 Crack Spread RSI is 52.4.

A bullish investor could look at CLB's 29.9 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 $20.95 per share, with $45.38 as the 52 week high point — that compares with a last trade of $21.12. Core Laboratories N.V. shares are currently trading off about 6.1% on the day.

Core Laboratories N.V. 1 Year Performance Chart


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