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

SRA: TSX:V

Stria Lithium Discusses Revolutionary Lithium Extraction Method

Welcome to Beyond The Press Release a production of AGORACOM in which we take the time to speak with Small Cap Executives about recent company developments. With us today is Julien Davy, President and Chief Operating Officer of Stria Lithium. The company is aiming to become one of the lowest cost producers in the world for battery-grade technology lithium through partnerships, licensing and joint ventures  which are critical for high-technology green energy industries such as consumer electronics, energy storage and military.

Hub On AGORACOM / Corporate Website / Watch Interview Now!

Message: Oversold Conditions For Franco-Nevada Corp

Bayst_profile
Rank: [?]
Vice President
Points: [?]
8807
Rating: [?]
Votes: 167 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

Looking for a New Junior Zinc Explorer? ... Learn More!

President's D.D.

New feature: Hub Presidents can add important links here.