Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Core Laboratories About To Put More Money In Your Pocket (CLB)
Friday, April 29, 10:03 AM ET, by Market News Video Staff
On 5/3/16, Core Laboratories N.V. (CLB) will trade ex-dividend, for its quarterly dividend of $0.55, ...
Noteworthy ETF Inflows: OIH, HAL, WFT, BHI
Monday, May 2, 11:04 AM ET, by Market News Video Staff
Symbols mentioned in this story: OIH, HAL, WFT, BHI Exchange traded funds (ETFs) trade just ...
DHT Holdings (DHT) Passes Through 15% Yield Mark
Monday, May 2, 3:24 PM ET, by Market News Video Staff
In trading on Monday, shares of DHT Holdings, Inc. (DHT) were yielding above the 15% ...
Interesting WFT Put And Call Options For June 24th
Thursday, May 5, 10:37 AM ET, by Market News Video Staff
Investors in Weatherford International plc (WFT) saw new options become available today, for the June ...
WFT Stock Crowded With Sellers
Thursday, May 5, 11:25 AM ET, by Market News Video Staff
In trading on Thursday, shares of Weatherford International plc (WFT) entered into oversold territory, changing ...
Shares of WFT Now Oversold
By Energy Stock Channel Staff, Tuesday, November 13, 12:12 PM ET
In trading on Tuesday, shares of Weatherford International, Ltd. (NYSE:WFT) entered into oversold territory, changing hands as low as $9.39 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 Weatherford International, Ltd., the RSI reading has hit 24.8 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.8, the RSI of WTI Crude Oil is at 42.0, and the RSI of Henry Hub Natural Gas is presently 64.2.
A bullish investor could look at WFT's 24.8 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), WFT's low point in its 52 week range is $9.39 per share, with $18.33 as the 52 week high point — that compares with a last trade of $9.49. Weatherford International, Ltd. shares are currently trading off about 12.8% on the day.
According to the ETF Finder at ETF Channel, WFT makes up 4.89% of the Dynamic Oil & Gas Services Portfolio ETF (AMEX:PXJ) which is trading lower by about 0.8% on the day Tuesday.
See what other ETFs contain WFT »
See what other stocks are held by PXJ »
Special Offer: Manage the risks of the markets better with a free 30 day trial to the Multi-Asset Class Risk Management Portfolio.
This Article's Word Cloud: