Canada Stock Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

NFI.CA Ex-Dividend Reminder - 9/27/19
Wednesday, September 25, 10:13 AM ET, by Market News Video Staff

On 9/27/19, NFI Group Inc (NFI.CA) will trade ex-dividend, for its quarterly dividend of $0.425, ...

NFI Group About To Put More Money In Your Pocket (NFI.CA)
Friday, December 27, 9:55 AM ET, by Market News Video Staff

On 12/30/19, NFI Group Inc (NFI.CA) will trade ex-dividend, for its quarterly dividend of $0.425, ...

NFI Group Named Top 25 Dividend Stock With 6.28% Yield (NFI.CA)
Friday, December 27, 2:18 PM ET, by Market News Video Staff

NFI Group Inc (NFI.CA) has been named as a Top 25 dividend stock, according the ...

NFI.CA Dividend Yield Pushes Past 6%
Monday, January 6, 3:08 PM ET, by Market News Video Staff

In trading on Monday, shares of NFI Group Inc (NFI.CA) were yielding above the 6% ...

RSI Alert: NFI Group (NFI.CA) Now Oversold
Monday, March 9, 12:21 PM ET, by Market News Video Staff

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

NFI Group is Now Oversold (NFI.CA)

By Canada Stock Channel Staff, Friday, July 31, 11:58 AM 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 Friday, shares of NFI Group Inc (TSE:NFI.CA) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $14.58 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 57.6. A bullish investor could look at NFI.CA'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 NFI.CA shares:

NFI Group Inc 1 Year Performance Chart

Looking at the chart above, NFI.CA's low point in its 52 week range is $9.12 per share, with $39.33 as the 52 week high point — that compares with a last trade of $14.60. 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   Find   Friday   Group   Index   Legendary   Looking   Newsletter   Offer   Premium   Receive   Relative   Special   Strength   Warren   about   above   advises   after   afternoon   analysis   begin   below   best   bullish   called   changing   chart   compares   comparison   considered   could   fearful   greedy   investor   look   others   oversold   point   reading   share   shares   stock   that   week   when   with

NFI Group is Now Oversold (NFI.CA) | www.CanadaStockChannel.com | Copyright © 2011 - 2020, 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.