Stock Market Ends Volatile Week Lower

The stock market ended the volatile week lower, but there could still be opportunities for plenty of companies' shares to rebound. Conversely, some stocks look like they are due for some more cooling off. After a slow start, , the major averages ultimately registered a weekly decline as inflationary fears, rising Treasury yields and subdued bank earnings weighed on investors. The S & P 500 and Dow Jones Industrial Average fell 1.6% and 2.

Pro used its stock screener tool to find the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are considered overbought, which indicates that shares might soon turn lower. Conversely, a reading below 30 often signals that a stock is oversold, with a potential rebound possible. Devon Energy made the list of overbought stocks, dominated by oil and gas producers, with an RSI of 82.

's Fred Imbert contributed to this report.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
Bron: AP - 🏆 728. / 51 Lees verder »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
Bron: AP - 🏆 728. / 51 Lees verder »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Bron: ksatnews - 🏆 442. / 53 Lees verder »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Bron: wjxt4 - 🏆 246. / 63 Lees verder »

AI-related tokens post gains as wider crypto market remains volatileDespite a downturn in the wider cryptocurrency market in the same period, major AI-related tokens have rallied in the past 24 hours.
Bron: TheBlock__ - 🏆 464. / 53 Lees verder »

Dogecoin20 Emerges as Investor Interest Shifts Amidst Volatile Meme Coin MarketInvestor interest is now shifting towards Dogecoin20 (DOGE20), an emerging project set to debut on Uniswap later this month. Dogecoin (DOGE) has faced a 20% decline since Sunday’s high, reaching its lowest price in the past nine days. Traders attempted to push the price higher but were rejected, creating a double-top pattern on the chart. DOGE closed below its 20-day EMA, signaling waning upside momentum.
Bron: Cointelegraph - 🏆 562. / 51 Lees verder »