The recent market gyrations have led to only a few extremes. However, a recent surge in BioSpecifics Technologies Corp (BSTC), has sent shares to oversold readings. With an RSI nearing 85, and a major jump in shares over 40 percent this week, it’s a classic look...
With the explosion in stock trading this year, and an even bigger growth in the options space, it should be a banner year for the CBOE Global Markets (CBOE). But it isn’t. Shares aren’t just down; they’re oversold. In fact, despite a 40 percent jump in...
Traditionally defensive stocks have had a tough time in 2020. Amidst economic upheaval, some Americans have been better off, while others have struggled to get by. Consumer products that usually hold up well are faltering. One of those is the tobacco giant Altria Group (MO). Shares...
Home security protection company ADT Inc. (ADT), has seen its share price slide in recent sessions. In addition to erasing the stock’s gains over the past year, conditions are now reading as oversold. That spells an opportunity for investors looking for a bounce. Shares peaked at...
Auto part supplier Manga International (MGA) has been on a tear lately. Car sales are up as consumers look to acquire vehicles of their own rather than ride share. And existing vehicles need repairs. That spells a profit for automakers like Magna—but traders have sent...