Key Points Sold 159,998 shares of CWAN; estimated trade size was $3.20 million based on quarterly average pricing Quarter-end value of CWAN position increased $11.54 million, reflecting both trading activity and stock price movements Change represents approximately 0.42% of Tensile’s reportable U.S. equity assets under management Post-trade stake: 2,364,674 shares valued at $57.04 million Clearwat...
Key Points Sold 159,998 shares of CWAN; estimated trade size was $3.20 million based on quarterly average pricing Quarter-end value of CWAN position increased $11.54 million, reflecting both trading activity and stock price movements Change represents approximately 0.42% of Tensile’s reportable U.S. equity assets under management Post-trade stake: 2,364,674 shares valued at $57.04 million Clearwater Analytics now comprises 7.39% of the fund’s AUM, placing it outside the fund’s top five holdings 10 stocks we like better than Clearwater Analytics › On February 17, 2026, Tensile Capital Management LP disclosed a sale of 159,998 shares of Clearwater Analytics (NYSE:CWAN), with an estimated transaction value of $3.20 million based on quarterly average pricing. What Happened According to an SEC filing dated February 17, 2026, Tensile Capital Management LP reduced its stake in Clearwater Analytics by 159,998 shares during the fourth quarter. The estimated transaction value was $3.20 million, based on the average closing price for the period. The quarter-end value of the position rose by $11.54 million, capturing the impact of both share sales and price appreciation. What Else to Know Following the sale, Clearwater Analytics represented 7.39% of Tensile’s reportable U.S. equity AUM. Top holdings after the filing: NYSE: LAD: $74.70 million (9.7% of AUM) NYSE: DKS: $70.84 million (9.2% of AUM) NASDAQ: VERX: $68.30 million (8.9% of AUM) NYSE: CCK: $63.04 million (8.2% of AUM) NYSE: VVV: $60.99 million (7.9% of AUM) As of February 17, 2026, CWAN shares were priced at $22.93, down 17.0% over the past year and underperforming the S&P 500 by 26.71 percentage points. Company Overview Metric Value Market Capitalization $6.62 billion Revenue (TTM) $451.80 million Net Income (TTM) $424.38 million Price (as of market close February 17, 2026) $22.93 Company Snapshot Clearwater Analytics provides cloud-based software solutions for automated investment data aggregation, reconciliation, ac...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Lowe's Companies Inc (Symbol: LOW) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $243.59 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 36.7. A bullish investor could look at LOW's 26.6 RSI reading today 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. The chart below shows the one year performance of LOW shares: Looking at the chart above, LOW's low point in its 52 week range is $206.385 per share, with $293.06 as the 52 week high point — that compares with a last trade of $245.18. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Leggett & Platt, Inc. (Symbol: LEG) entered into oversold territory, hitting an RSI reading of 28.3, after changing hands as low as $10.12 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 36.7. A bullish investor could look at LEG's 28.3 RSI reading today 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. The chart below shows the one year performance of LEG shares: Looking at the chart above, LEG's low point in its 52 week range is $6.475 per share, with $13 as the 52 week high point — that compares with a last trade of $10.22. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Green Brick Partners Inc (Symbol: GRBK) entered into oversold territory, hitting an RSI reading of 28.0, after changing hands as low as $63.905 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 36.7. A bullish investor could look at GRBK's 28.0 RSI reading today 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. The chart below shows the one year performance of GRBK shares: Looking at the chart above, GRBK's low point in its 52 week range is $50.57 per share, with $80.97 as the 52 week high point — that compares with a last trade of $64.60. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Thursday, shares of ICICI Bank Ltd (Symbol: IBN) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $30.40 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 66.0. A bullish investor could look at IBN's 29.9 RSI reading today 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. The chart below shows the one year performance of IBN shares: Looking at the chart above, IBN's low point in its 52 week range is $27.416 per share, with $34.565 as the 52 week high point — that compares with a last trade of $30.48. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Kemper Corp (Symbol: KMPR) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is amo...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Kemper Corp (Symbol: KMPR) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Kemper Corp an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of KMPR entered into oversold territory, changing hands as low as $45.02 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 Kemper Corp, the RSI reading has hit 21.1 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 51.7. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, KMPR's recent annualized dividend of 1.28/share (currently paid in quarterly installments) works out to an annual yield of 2.08% based upon the recent $61.49 share price. A bullish investor could look at KMPR's 21.1 RSI reading today 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. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on KMPR is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversold dividend stocks you need to know about » Also ...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Thursday, shares of International Paper Co (Symbol: IP) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $36.2144 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 48.6. A bullish investor could look at IP's 29.6 RSI reading today 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. The chart below shows the one year performance of IP shares: Looking at the chart above, IP's low point in its 52 week range is $35.79 per share, with $60.36 as the 52 week high point — that compares with a last trade of $36.16. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - CSL Limited (CMXHF.PK, CSL.AX, CSLLY) Monday announced it has begun construction on a $1.5 billion expansion of its manufacturing facility in Kankakee, Illinois, aimed at increasing production of plasma-derived therapies for rare and serious diseases. The expansion, part of the company's global manufacturing growth strategy, is expected to create at least 300 new pharmaceutical jobs al...
(RTTNews) - CSL Limited (CMXHF.PK, CSL.AX, CSLLY) Monday announced it has begun construction on a $1.5 billion expansion of its manufacturing facility in Kankakee, Illinois, aimed at increasing production of plasma-derived therapies for rare and serious diseases. The expansion, part of the company's global manufacturing growth strategy, is expected to create at least 300 new pharmaceutical jobs along with around 800 construction and related roles in the local community. CSL said the upgraded facility will enhance its ability to produce plasma-derived therapies and albumin, medicines used to treat conditions such as hemophilia, primary immunodeficiency, and hereditary angioedema, as well as trauma and other critical medical situations. The project is expected to become operational by 2031. The investment builds on more than $3 billion CSL has invested in U.S. operations since 2018, bringing its total U.S. workforce to nearly 19,000 employees, or about 60% of the company's global workforce. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
With so many exchange-traded funds in the market, it's not surprising to see many investors focus almost exclusively on performance. If an ETF has had an exceptionally good year or two, then the odds of investors getting excited about it grow. Conversely, investors have little patience for poor performers, tending to shy away from them even if they have good future prospects. And if they've alread...
With so many exchange-traded funds in the market, it's not surprising to see many investors focus almost exclusively on performance. If an ETF has had an exceptionally good year or two, then the odds of investors getting excited about it grow. Conversely, investors have little patience for poor performers, tending to shy away from them even if they have good future prospects. And if they've already bought a poorly performing ETF, they often sell it at the worst possible moment. The thing that many investors don't fully understand about ETFs is that in some cases, getting the highest possible potential for returns isn't the primary goal. After all, diversification is generally at odds with immediately maximizing your potential profit, because owning just a single stock or two is much more likely to result in massive returns than owning hundreds or even thousands of stocks. Why diversification is helpful is that it also reduces the odds of a complete loss of capital by spreading your investment capital over many different stocks. In that light, the Vanguard Total Stock Market ETF (NYSEMKT: VTI) has been extremely popular for giving investors the widest possible exposure to U.S. stocks. To the chagrin of many of its shareholders, though, it hasn't done as well as rival ETFs that focus on narrower market indicators. In this second article of a three-part series on Vanguard Total Stock Market ETF for the Voyager Portfolio , you'll learn more about the details of this underperformance and why long-term investors shouldn't necessarily avoid this Vanguard ETF even though it might seem like it has already lost the fight. Continue reading
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz "must be very careful," the spokesman for Iran's Ministry of Foreign Affairs warned...
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz "must be very careful," the spokesman for Iran's Ministry of Foreign Affairs warned on Monday. The spokesman, Esmail Baghaei, also defended Iran's attacks on Gulf States, telling CNBC that targeting "military bases and assets" belonging to the United States in the region is "legitimate under international law." The price of crude oil has sharply spiked as the Strait of Hormuz has been effectively closed. "As long as the situation is insecure, I think all tankers, all maritime navigation, must be very careful," said Baghaei, who is also head of the Center for Public Diplomacy. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Hecla Mining (HL 1.35%) stock declined 2.5% through 11:35 a.m. ET Monday on sliding gold prices -- but rising silver prices. War continues to rage in the Middle East, driving investors to buy gold and silver as safe havens. A couple macroeconomic trends are interfering with this instinct, however, and this has been bad news for Hecla stock recently. Silver and gold prices Hecla mainly mines silver...
Hecla Mining (HL 1.35%) stock declined 2.5% through 11:35 a.m. ET Monday on sliding gold prices -- but rising silver prices. War continues to rage in the Middle East, driving investors to buy gold and silver as safe havens. A couple macroeconomic trends are interfering with this instinct, however, and this has been bad news for Hecla stock recently. Silver and gold prices Hecla mainly mines silver. Silver closed at $93.73 per ounce at the end of February, according to data from TradingEconomics.com. It then moved higher, topping $96.10 a week ago. Silver then slid, but today it's bouncing 0.6% to $84.81 per ounce -- which should be good news for Hecla. Gold is the problem, and Hecla also mines gold. Gold closed February around $5,278 per ounce. Prices spiked when U.S. and Israeli forces began bombing Iran, rising as high as $5,416 last Monday before falling back. At last report, gold was trading at $5,095 per ounce, down 1.2% from Friday's close. Silver is still down 12% from its recent high, though, versus gold down only 6%. Silver thus has more room for improvement. Expand NYSE : HL Hecla Mining Today's Change ( -1.35 %) $ -0.28 Current Price $ 20.11 Key Data Points Market Cap $14B Day's Range $ 18.92 - $ 20.11 52wk Range $ 4.46 - $ 34.17 Volume 649K Avg Vol 27M Gross Margin 40.87 % Dividend Yield 0.07 % Two big things affect precious metal prices More broadly, the U.S. dollar index, which compares the dollar's value to a basket of international currencies, is up about 1.7% since the war began. A stronger dollar means you need fewer dollars to buy an ounce of silver. Thus, when the dollar rises, the price of silver (in dollar terms) falls. Interest rates can also affect silver prices. When interest rates rise, investors face the choice between owning silver, which doesn't pay interest, and owning bonds, which do. Investors may sell silver to buy bonds, and when this happens -- again -- the price of silver drops. That's why Hecla stock is down today.
Key Points Silver and gold prices surged after war broke out in the Mideast last week, then started to fall. A stronger U.S. dollar and interest rate worries threaten to hurt the price of silver. 10 stocks we like better than Hecla Mining › Hecla Mining (NYSE: HL) stock declined 2.5% through 11:35 a.m. ET Monday on sliding gold prices -- but rising silver prices. War continues to rage in the Middl...
Key Points Silver and gold prices surged after war broke out in the Mideast last week, then started to fall. A stronger U.S. dollar and interest rate worries threaten to hurt the price of silver. 10 stocks we like better than Hecla Mining › Hecla Mining (NYSE: HL) stock declined 2.5% through 11:35 a.m. ET Monday on sliding gold prices -- but rising silver prices. War continues to rage in the Middle East, driving investors to buy gold and silver as safe havens. A couple macroeconomic trends are interfering with this instinct, however, and this has been bad news for Hecla stock recently. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Silver and gold prices Hecla mainly mines silver. Silver closed at $93.73 per ounce at the end of February, according to data from TradingEconomics.com. It then moved higher, topping $96.10 a week ago. Silver then slid, but today it's bouncing 0.6% to $84.81 per ounce -- which should be good news for Hecla. Gold is the problem, and Hecla also mines gold. Gold closed February around $5,278 per ounce. Prices spiked when U.S. and Israeli forces began bombing Iran, rising as high as $5,416 last Monday before falling back. At last report, gold was trading at $5,095 per ounce, down 1.2% from Friday's close. Silver is still down 12% from its recent high, though, versus gold down only 6%. Silver thus has more room for improvement. Two big things affect precious metal prices More broadly, the U.S. dollar index, which compares the dollar's value to a basket of international currencies, is up about 1.7% since the war began. A stronger dollar means you need fewer dollars to buy an ounce of silver. Thus, when the dollar rises, the price of silver (in dollar terms) falls. Interest rates can also affect silver prices. When interest rates rise, investors face the choice between owning...
In trading on Thursday, shares of the JPMorgan Market Expansion Enhanced Equity ETF (Symbol: JMEE) entered into oversold territory, changing hands as low as $56.66 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...
In trading on Thursday, shares of the JPMorgan Market Expansion Enhanced Equity ETF (Symbol: JMEE) entered into oversold territory, changing hands as low as $56.66 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 JPMorgan Market Expansion Enhanced Equity, the RSI reading has hit 29.3 — by comparison, the RSI reading for the S&P 500 is currently 36.6. A bullish investor could look at JMEE'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), JMEE's low point in its 52 week range is $54.1732 per share, with $66.89 as the 52 week high point — that compares with a last trade of $57.24. JPMorgan Market Expansion Enhanced Equity shares are currently trading off about 0.9% on the day. Click here to find out what 9 other oversold dividend stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
TrendForce, which tracks global smartphone shipments and production, reports that Samsung’s production matched Apple’s (NASDAQ: AAPL) last year. Total global smartphones reached 1.25 billion across the industry. Apple and Samsung tied with production numbers of 239.8 million. For the year, Apple’s number rose 9% and Samsung’s by 11%. Apple’s newest product was the primary reason ... Samsung Caught...
TrendForce, which tracks global smartphone shipments and production, reports that Samsung’s production matched Apple’s (NASDAQ: AAPL) last year. Total global smartphones reached 1.25 billion across the industry. Apple and Samsung tied with production numbers of 239.8 million. For the year, Apple’s number rose 9% and Samsung’s by 11%. Apple’s newest product was the primary reason ... Samsung Caught Apple In Smartphone Sales
In trading on Monday, shares of the T. Rowe Price Small - Mid Cap ETF (Symbol: TMSL) entered into oversold territory, changing hands as low as $36.03 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 ...
In trading on Monday, shares of the T. Rowe Price Small - Mid Cap ETF (Symbol: TMSL) entered into oversold territory, changing hands as low as $36.03 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 T. Rowe Price Small - Mid Cap, the RSI reading has hit 28.2 — by comparison, the RSI reading for the S&P 500 is currently 33.9. A bullish investor could look at TMSL's 28.2 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), TMSL's low point in its 52 week range is $25.8868 per share, with $39.8007 as the 52 week high point — that compares with a last trade of $36.38. T. Rowe Price Small - Mid Cap shares are currently trading off about 2% on the day. Click here to find out what 9 other oversold dividend stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of the Vanguard Small-Cap Value ETF (Symbol: VBR) entered into oversold territory, changing hands as low as $195.80 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 c...
In trading on Monday, shares of the Vanguard Small-Cap Value ETF (Symbol: VBR) entered into oversold territory, changing hands as low as $195.80 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 Vanguard Small-Cap Value, the RSI reading has hit 29.5 — by comparison, the RSI reading for the S&P 500 is currently 39.2. A bullish investor could look at VBR's 29.5 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), VBR's low point in its 52 week range is $171.31 per share, with $219.005 as the 52 week high point — that compares with a last trade of $196.38. Vanguard Small-Cap Value shares are currently trading off about 1.5% on the day. Click here to find out what 9 other oversold dividend stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of the Vanguard S&P Small-Cap 600 Value ETF (Symbol: VIOV) entered into oversold territory, changing hands as low as $98.7661 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 trading on Monday, shares of the Vanguard S&P Small-Cap 600 Value ETF (Symbol: VIOV) entered into oversold territory, changing hands as low as $98.7661 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 Vanguard S&P Small-Cap 600 Value, the RSI reading has hit 29.1 — by comparison, the RSI reading for the S&P 500 is currently 33.9. A bullish investor could look at VIOV's 29.1 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), VIOV's low point in its 52 week range is $70.6135 per share, with $109.935 as the 52 week high point — that compares with a last trade of $99.66. Vanguard S&P Small-Cap 600 Value shares are currently trading down about 3% on the day. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.