Canada Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Just Energy Group is Now Oversold (JE.CA)
Thursday, June 8, 4:32 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Ex-Div Reminder for Just Energy Group (JE.CA)
Friday, June 9, 10:11 AM ET, by Market News Video Staff

On 6/13/17, Just Energy Group Inc (JE.CA) will trade ex-dividend, for its quarterly dividend of ...

Relative Strength Alert For Just Energy Group
Wednesday, July 5, 12:01 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Just Energy Group (JE.CA) Shares Cross 7% Yield Mark
Tuesday, August 22, 3:53 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Just Energy Group Inc (JE.CA) were yielding above the ...

Just Energy Group About To Put More Money In Your Pocket (JE)
Tuesday, September 12, 10:04 AM ET, by Market News Video Staff

On 9/14/17, Just Energy Group Inc (JE.CA) will trade ex-dividend, for its quarterly dividend of ...

RSI Alert: Just Energy Group (JE.CA) Now Oversold

By Canada Stock Channel Staff, Wednesday, May 16, 12:10 PM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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 Wednesday, shares of Just Energy Group Inc (TSE:JE.CA) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $5.02 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 77.6. A bullish investor could look at JE.CA'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 JE.CA shares:

Just Energy Group Inc 1 Year Performance Chart

Looking at the chart above, JE.CA's low point in its 52 week range is $4.83 per share, with $8.39 as the 52 week high point that compares with a last trade of $5.04. Find out what 9 other oversold stocks you need to know about


Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter


This Article's Word Cloud:   Buffett   Channel   Composite   Dividend   Energy   Find   Group   Index   Just   Legendary   Looking   Newsletter   Offer   Premium   Receive   Relative   Special   Strength   Warren   Wednesday   about   above   advises   after   afternoon   analysis   begin   below   best   bullish   called   changing   chart   compares   comparison   fearful   greedy   investor   look   others   oversold   point   reading   share   shares   stock   that   week   when   with

RSI Alert: Just Energy Group (JE.CA) Now Oversold | www.CanadaStockChannel.com | Copyright © 2011 - 2018, All Rights Reserved

Nothing in Canada 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 dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Canada Stock Channel; Meet Our Editorial Staff.