360° Coverage : Concur Technologies Becomes Oversold (CNQR)

2 Updates

Concur Technologies Becomes Oversold (CNQR)

Apr 3 2014, 11:26am CDT | by

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...

Filed under: news

 
 
 

21 weeks ago

Concur Technologies Becomes Oversold (CNQR)

Apr 3 2014, 11:26am CDT | by

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 Thursday, shares of Concur Technologies Inc (NASD: CNQR) entered into oversold territory, hitting an RSI reading of 28.5, after changing hands as low as $98.81 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 63.2. A bullish investor could look at CNQR’s 28.5 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 CNQR shares:

Looking at the chart above, CNQR’s low point in its 52 week range is $62.01 per share, with $130.39 as the 52 week high point — that compares with a last trade of $98.10. Find out what 9 other oversold stocks you need to know about »

According to the ETF Finder at ETFChannel.com, CNQR makes up 1.28% of the iShares North American Tech-Software ETF (AMEX: IGV) which is trading lower by about 1.4% on the day Thursday.


Can your brain be trained to become a chart-predicting wizard? Click here to find out
/>/>
 
Update
2

4 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new comp ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

5 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tra ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Indian-born scientist wins prestigious US award
Washington, Sep 3 (IANS) India-born scientist Dr Thomas John Colacot has won the American Chemical Society's ACS Award in Industrial Chemistry, one of the top honours in the field.
 
 
Beheading of second journalist shocks US; White House in crisis mode
Washington, Sep 3 (IANS) As the beheading of a second American journalist by the Islamic State (IS) terror group sent shock waves through the nation, US President Barack Obama authorised 350 additional troops be deployed to Iraq
 
 
China's yuan weakens
Beijing, Sep 3 (IANS) The value of the Chinese currency renminbi, or the yuan, retreated 13 basis points to 6.1697 against the US dollar in its central parity Wednesday, authorities said.
 
 
No link between Ebola outbreaks in West Africa, DRC : WHO
Geneva, Sep 3 (IANS) The World Health Organisation Tuesday said the outbreak in Democratic Republic of Congo (DRC) is "a distinct and independent event", with no relationship to the epidemic in West Africa.
 
 
 

Latest from the Network

Indian-born scientist wins prestigious US award
Washington, Sep 3 (IANS) India-born scientist Dr Thomas John Colacot has won the American Chemical Society's ACS Award in Industrial Chemistry, one of the top honours in the field. Colacot, who studied at St Berchman'...
Read more on Apple Balla
 
Beheading of second journalist shocks US; White House in crisis mode
Washington, Sep 3 (IANS) As the beheading of a second American journalist by the Islamic State (IS) terror group sent shock waves through the nation, US President Barack Obama authorised 350 additional troops be...
Read more on Ad Balla
 
Suge Knight knows who shot him
Suge Knight says he knows who shot him at Chris Brown's party last month. The 49-year-old music producer, who was shot six times at the 'Loyal' hitmaker's pre-bash for the MTV Video Music Awards (VMAs) at 1Oak nightclub...
Read more on Celebrity Balla
 
Claire Danes says motherhood is challenging
Claire Danes admits she sometimes resents being a mother. The 'Homeland' actress, who has a 21-month-old son, Cyrus, with husband Hugh Dancy, also says marriage is hard, but insists she is besotted with both of the men...
Read more on Celebrity Balla
 
China's yuan weakens
Beijing, Sep 3 (IANS) The value of the Chinese currency renminbi, or the yuan, retreated 13 basis points to 6.1697 against the US dollar in its central parity Wednesday, authorities said. In China's foreign exchange...
Read more on Business Balla
 
Miltos Yerolemou joins 'Star Wars Episode VII' cast
Los Angeles, Sep 3 (IANS) Miltos Yerolemou, who was seen as swordsman Syrio Forel in TV show "Game of Thrones", joins the cast of "Star Wars Episode VII". Harrison Ford, Carrie Fisher and Mark Hamill return as Han...
Read more on Celebrity Balla
 
No link between Ebola outbreaks in West Africa, DRC : WHO
Geneva, Sep 3 (IANS) The World Health Organisation Tuesday said the outbreak in Democratic Republic of Congo (DRC) is "a distinct and independent event", with no relationship to the epidemic in West Africa. Based on...
Read more on Business Balla
 
US warplanes drop leaflets on Iraqi city
Baghdad, Sep 3 (IANS/EFE) US warplanes Tuesday dropped thousands of leaflets on the northern Iraqi city of Mosul, urging residents to keep clear of places occupied by the Islamic State (IS) extremist group that overran...
Read more on Politics Balla
 
US CDC calls for global response against Ebola
Washington, Sep 3 (IANS/EFE) The head of US Centers for Disease Control and Prevention (CDC) Tuesday warned of the risk that the Ebola outbreak could get out of control without a greater worldwide response. "This is...
Read more on Business Balla
 
Don't have a perfect body: Charlize Theron
Los Angeles, Sep 3 (IANS) Actress Charlize Theron says she doesn't have an ideal figure, but is happy with the way her body looks. The actress features on the cover of Modern Luxury's September 2014 issue and looks...
Read more on Celebrity Balla