5 NASDAQ Stocks, RSI (14) Crossing Below 30 – (ORLY, HAS, APKT, DLTR, VCLK)
RSI is an indicator that shows the present speed and change of the price movements. It is a good tool to help identify when a stock is oversold or overbought. As a gauge of overbought and oversold conditions, the RSI indicator gives investors an opportunity to spot a stock that is reversing direction. RSI greater than 70 provides the signal for an overbought condition, indicating an investor needs to be prepared to end their long positions or establish downside protection. When the RSI turns below 70, it is giving a sell signal.
On the other side, when the RSI is below 30 it represents an oversold condition, providing an alert to the investor to be ready to buy. As the RSI indicator move up through 30, it provides a buy signal. This is particularly useful if the long-term trend is up, as the RSI increases through 30, creating potential entry points.
O’Reilly Automotive Inc (NASDAQ:ORLY) currently has an RSI of 25.21. For the current year, the company has a year-to-date performance up 3.33%. The stock, as of the last close, traded up 46.86% from its 52 week lows and was 22.89% behind its 52 week highs.
The latest closing price was -2.60% down from the SMA200 while the distance from the SMA 50 and the SMA 20 was -16.42% and -15.21% respectively. ORLY together with its subsidiaries, engages in the retail sales of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States.
Hasbro, Inc (NASDAQ:HAS) together with its subsidiaries, engages in the provision of childrens and family leisure time products and services worldwide.
The RSI of Hasbro, Inc is at 27.97. The stock’s 2012 performance has remained up at 3.07%. Its price, as of the latest close, was 5.65% up from the 52 week low and was 27.45% below the 52 week high. The stock’s latest closing price was -7.17% down from the average 200 day price while it kept its distance from the SMA 50 at -8.02% and -6.09% compared with the SMA 20.
Acme Packet, Inc (NASDAQ:APKT)’s RSI reading has hit 26.44. The company so far in this year moved down -42.28% and its monthly performance stands at -27.12%. The stock was down -0.78% compared with 52 week lows and was 76.27% below 52 week highs. Its latest closing price was -43.39% down from the average-price of 200 days while it kept the distance from the SMA 50 at -26.74% and -18.52% compared with the SMA 20.
APKT provides session delivery network solutions that enable the delivery of voice, video, data, and unified communications services and applications across Internet protocol (IP) networks.
Dollar Tree, Inc (NASDAQ:DLTR)’s RSI is now at 50.88.The stock has shown an uptrend of 28.68% this year with a monthly performance of -4.66% and a 3-month performance up 13.07%. Its latest closing price was up+20.55% from an average-price of 200 days while it maintained a distance from SMA 50 at +3.91% and +0.03% compared with the SMA 20. Its shares were up 75.00% compared with 52 week lows and was 5.88% below 52 week highs.
Dollar Tree, Inc operates discount variety stores in the United States and Canada. Its stores offer merchandise at the fixed price of $1.00.
ValueClick Inc (NASDAQ:VCLK) has a RSI reading of 24.01. Year-to-date performance of the stock stands at -11.79% and fell -28.47% in last three months and -14.67% in the previous twelve months. Its price, as of the latest close, was 7.64% up from its 52 week low and was 34.26% below its 52 week high. Its latest closing price was -18.93% down from the average-price of 200 days while it stayed away from the SMA 50 at -19.45% and -12.22% compared with the SMA 20.
VCLK provides various products and services that enable marketers to advertise and sell their products through online marketing channels primarily in the United States and the United Kingdom.
