Energy Stock Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Delek US Holdings Reaches Analyst Target Price
Wednesday, March 9, 7:44 AM ET, by Market News Video Staff

In recent trading, shares of Delek US Holdings Inc (DK) have crossed above the average ...

Noteworthy Wednesday Option Activity: VUZI, DK, SNPS
Wednesday, April 13, 4:06 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

First Week of DK June 17th Options Trading
Monday, April 18, 11:21 AM ET, by Market News Video Staff

Investors in Delek US Holdings Inc (DK) saw new options become available this week, for ...

DK Crosses Above Average Analyst Target
Thursday, April 28, 7:13 AM ET, by Market News Video Staff

In recent trading, shares of Delek US Holdings Inc (DK) have crossed above the average ...

Delek US Holdings Moves Up In Market Cap Rank, Passing Under Armour
Wednesday, May 18, 4:37 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Delek ...

Delek US Holdings Stock Getting Very Oversold

By Energy Stock Channel Staff, Tuesday, November 30, 11:44 AM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

In trading on Tuesday, shares of Delek US Holdings Inc (NYSE:DK) entered into oversold territory, changing hands as low as $14.79 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 Delek US Holdings Inc, the RSI reading has hit 28.4 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.9, the RSI of WTI Crude Oil is at 30.0, the RSI of Henry Hub Natural Gas is presently 40.1, and the 3-2-1 Crack Spread RSI is 46.3.

A bullish investor could look at DK's 28.4 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), DK's low point in its 52 week range is $13.11 per share, with $27.38 as the 52 week high point — that compares with a last trade of $14.88. Delek US Holdings Inc shares are currently trading down about 3% on the day.

Delek US Holdings Inc 1 Year Performance Chart


Free Report: Top 7%+ Dividends (paid monthly)


This Article's Word Cloud:   Channel   Crack   Crude   Delek   Dividends   Energy   Free   Henry   Holdings   Index   Looking   NYSE   Natural   Oversold   Relative   Report   Spread   Start   Stock   Stocks   Strength   Tuesday   about   analysis   average   begin   below   bullish   case   changing   chart   compares   comparison   considered   could   covered   currently   define   look   mdash   oversold   point   reading   share   shares   territory   that   trading   week   with

Delek US Holdings Stock Getting Very Oversold | www.EnergyStockChannel.com | Copyright © 2010 - 2022, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.