The Online Investor
OLI Premium
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

BeyondSpring Enters Oversold Territory (BYSI)

By The Online Investor Staff, Monday, April 15, 4:36 PM ET

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 Monday, shares of BeyondSpring Inc (NASDAQ:BYSI) entered into oversold territory, hitting an RSI reading of 29.7, after changing hands as low as $14.8011 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 67.5. A bullish investor could look at BYSI's 29.7 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 BYSI shares:

BeyondSpring Inc 1 Year Performance Chart

Looking at the chart above, BYSI's low point in its 52 week range is $14.8011 per share, with $33.30 as the 52 week high point — that compares with a last trade of $15.35. 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

Find the right mix of model portfolios today at PortfolioChannel.com


This Article's Word Cloud:   About   BYSI   BeyondSpring   Buffett   Channel   Dividend   Find   Index   Know   Legendary   Looking   Monday   Newsletter   Offer   Oversold   Premium   Receive   Relative   Should   Special   Start   Stocks   Strength   Warren   about   above   advises   after   afternoon   analysis   begin   below   best   chart   fearful   greedy   investor   look   others   oversold   point   raquo   reading   share   shares   stock   that   week   when   with

BeyondSpring Enters Oversold Territory (BYSI) | www.TheOnlineInvestor.com | Copyright © 1998 - 2019, All Rights Reserved

Nothing in The Online Investor 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 Service. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.