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Mon, Jun 27, 8:11 AM, Zacks
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S&P 500 Value and Europe Financials -- two ETFs traded with outsized volume on Friday.

Featured MNV Articles:

Notable Two Hundred Day Moving Average Cross - SSSS
Monday, July 19, 4:08 PM ET, by Market News Video Staff

In trading on Monday, shares of SuRo Capital Corp. (SSSS) crossed below their 200 day ...

SuRo Capital Becomes Oversold (SSSS)
Thursday, July 22, 11:59 AM ET, by Market News Video Staff

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

Reminder - SuRo Capital (SSSS) Goes Ex-Dividend Soon
Friday, August 13, 10:01 AM ET, by Market News Video Staff

On 8/17/21, SuRo Capital Corp. (SSSS) will trade ex-dividend, for its annual dividend of $2.25, ...

Notable Two Hundred Day Moving Average Cross - SSSS
Wednesday, August 18, 2:18 PM ET, by Market News Video Staff

In trading on Wednesday, shares of SuRo Capital Corp. (SSSS) crossed below their 200 day ...

SSSS Crosses Below Key Moving Average Level
Tuesday, November 16, 1:33 PM ET, by Market News Video Staff

In trading on Tuesday, shares of SuRo Capital Corp. (SSSS) crossed below their 200 day ...

SuRo Capital Becomes Oversold (SSSS)

By Dividend Channel Staff, Monday, June 13, 12:02 PM ET
Play Video: Learn About The RSI


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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 SuRo Capital Corp. (NASDAQ:SSSS) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $6.73 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 33.9. A bullish investor could look at SSSS's 27.4 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 SSSS shares:

SuRo Capital Corp. 1 Year Performance Chart

Looking at the chart above, SSSS's low point in its 52 week range is $6.73 per share, with $16.40 as the 52 week high point — that compares with a last trade of $6.81. Find out what 9 other oversold stocks you need to know about »


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