Investor's Alert (RSI Analysis) - Parsley Energy, Inc., (NYSE: PE)


The difference between the expected and actual EPS was $0.13/share, which represents an Earnings surprise of 76.5%. In a transaction dated February 28, 2018, the shares were bought at an average price of $25.66, giving away a sum of $51,320. The institutional investor owned 53,791 shares of the oil and natural gas company's stock after buying an additional 9,408 shares during the quarter. The impact of earnings growth is exponential. P/E is a popular valuation ratio of a company's current share price compared to its per-share earnings (trailing twelve months). However, small cap stocks have greater potential for growth. And doubling the growth more than doubles the capital gain, due to the compounding effect. Their 52-Week High and Low are noted here. A year ago the company's sales were $200860 while its sales growth yearly estimates for the current quarter are 66.6%. The stock's short float is around of 6.73% and short ratio is 2.89. The Parsley Energy, Inc. has shown a weekly performance of -2.84% and monthly performance stands at 5.32%.

Asian stocks trade mixed as the dollar pares some gains; Takeda falls 7%.

The stock is trading -17.33% away from its 52 week high of $33.07 and 29.45% far from the stock's low point over the past 52 weeks, which was $21.12. The Stock now has a Weekly Volatility of 4.82% and Monthly Volatility of 3.40%.

The Average True Range was recorded at 0.98.

Volatility is the degree of variation of a trading price series over time as measured by the standard deviation of logarithmic returns. A longer-term moving average may be used to identify the primary price trend, a shorter moving average period to identify the secondary, price trend, and an even shorter moving average period to identify the minor price trend. Since they take the average of past price movements, moving averages are better for accurately reading past price movements rather than predicting future past movements. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable.

When the price rises above the moving average, it indicates that investors are becoming bullish on the commodity. They provide a quick glimpse at the prevailing trend and trend strength, as well as specific trading signals for reversals or breakouts. Its distance from 20-days simple moving average is 2.36%, and its distance from 50 days simple moving average is 5.37% while it has a distance of 2.83% from the 200 days simple moving average.

The 50-day moving average is more responsive to price changes than the 200-day moving. If security is exceptionally volatile, then a moving average will assist to smooth the data. Finally, Piper Jaffray reiterated a "buy" rating and set a $41.00 target price on shares of Parsley Energy in a report on Tuesday, January 9th.

Short Ratio of stock is 2.92.

Eye Catching Stocks: Parsley Energy, Inc.

Parsley Energy Inc (NYSE: PE) shares exhibited a change of 4.32% during most recent session to reach at the closing price of $28.50. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.93. Volume is an important technical analysis tool to learn and understand how to apply to price movements. We observed 2.82% rate of return for a stock for the last 5-trading days, which was maintained for the month at 9.11%. Research analysts often publish stock price targets along with buy-sell recommendations. If trading volume increases, prices move in the same direction.

Parsley Energy, Inc. (PE) is U.S. based company. The stock has been moved at 6.50% over the last six months and -6.47% throughout last twelve months.

In the liquidity ratio analysis; current ratio was 1.5 while Total Debt/Equity ratio was 0.46. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets, is 1.40%. The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS).

The stock's RSI amounts to 61.28. ValuEngine lowered shares of Parsley Energy from a "hold" rating to a "sell" rating in a research report on Sunday, December 31st. The objective of using RSI is to help the trader identify over sold and overbought price areas. For example, someone might consider any number above 80 as overbought and anything below 20 as undersold.

Despite strong warnings from business groups and trade experts, Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion USA dollars of imports from China, in a unilateral move that triggered market selloff. Past performance is not necessarily an indication of future performance. shall not be liable for any special or consequential damages that result from the use of or the inability to use, the materials and information provided by this site.



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This volatility expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. When the RSI reading is between 30 and 0, the security is supposed to be oversold and ready for an upward correction.

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