exploration & production + 285 royalties
Gold & precious metals - Oil & Natural Gas - Base metals.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

Gold and Silver Go Boom. GREAT News For These Juniors!

Exs_logo

EXS: TSX-V, OTCQX:EXSFF

  • 609,000 Ozs Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%

View Profile

---------------------------------------

AMK: TSX-V, ACKRF: OTC Pink

  • Included In Seabridge Gold Plan To Take KSM Into Production
  • Recent samples average 27,092 gm/tonne silver and 248 gm/tonne gold
  • Adjacent area host to Over 130M Ozs Gold, 800 million Ozs silver, 20 billion pounds copper

View Profile

----------------------------------------

Uragold_new

UBR: TSX-V, URAGF: OTC

  • Planned Dividend To Shareholders Via Gold Assets Spin Out
  • Largest Historical Placer Gold Deposit In Eastern North America
  • Past Gold Producer
  • Word Renowned Geophysical Team 
  • Core Quartz Conversion To Solar Grade Silicon Metal Received $5,000,000 Funding + 20 Year Offtake Agreement For Asia

View Profile

Start Your Research And Discover Your Next Great Junior Resources Company

Message: Oversold Conditions For Franco-Nevada Corp

Bayst_profile
Rank: [?]
Vice President
Points: [?]
10041
Rating: [?]
Votes: 169 Score: 3.2
  • Currently 3.2/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Oversold Conditions For Franco-Nevada Corp

posted on Jan 25, 13 05:22PM
Investing
01/25/2013 @ 12:05PM |82 views
Contributor
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 Friday, shares of Franco-Nevada Corp (Toronto: FNV) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $52.06 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 77.3. A bullish investor could look at FNV’s 29.8 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 FNV shares:

Click here to find out which 9 other oversold Canadian stocks you need to know about, at DividendChannel.com »

Franco-Nevada Corp 1 Year Performance Chart

Looking at the chart above, FNV’s low point in its 52 week range is $37.99 per share, with $60.62 as the 52 week high point — that compares with a last trade of $52.08. Find out what 9 other oversold stocks you need to know about »


New Message

Please login to post a reply

AGORACOM Quick Tips

Small-Cap CEO Lessons - Is Your CEO Out Of Touch? ... Not Anymore
Watch
Today's Show
in 00:00:000

President's D.D.

New feature: Hub Presidents can add important links here.